Derek Llambias resigns as Newcastle Managing Director

Derek Lambias (right)

Newcastle United’s Managing Director, Derek Llambias has confirmed about his resignation from his position at the club.

A statement which goes as follows reveals that his departure is with immediate effect.

“The Club can announce that Managing Director, Derek Llambias, has resigned from his position with immediate effect.”

In the statement announcing his departure Llambias said: “I have had an incredible journey during my five years at the club, including some challenging times.

“I will reflect with great fondness on my time in the North East and, in me, Newcastle United have a lifelong supporter.

“I want to thank the staff for their hard work, our fans for their support of the club, and wish them all well for the future.”

Following Llambias’ departure, Joe Kinnear signed a deal on Monday which will see him as the club’s new Director of Football, for the next three years. But unfortunately for the new comer, his appointment is not widely accepted on Tyneside.

Source: fc business