Llambias hopeful of Newcastle's financial future

Newcastle managing director Derek Llambias is confident the events of the past fortnight have helped to secure the long-term future of the club.

During that period, owner Mike Ashley managed to tie up manager Alan Pardew and his coaching staff on eight-year contracts and secure a sponsorship deal with digital finance company wonga.com, part of which will see the name of the stadium revert to St James’ Park after a controversial spell as, officially at least, the Sports Direct Arena.