Newcastle have parted ways with manager Steve Bruce following the completion of a £300 million ($408m) takeover backed by Saudi Arabia's Public Investment Fund (PIF).
The fund, which is chaired by Saudi Arabian Crown Prince Mohammed bin Salman, was given the green light to complete the buy-out from Mike Ashley by the Premier League earlier this month.
The Magpies will now seek a swift rise to the top of the Premier League standings with the help of their billionaire investors, but Bruce won't be a part of the ambitious project after leaving the club following his 1,000th game as a manager.
“I really have to thank all the people who have worked alongside me, because I can be demanding and I can be hard work - especially when I was younger," Bruce told The Telegraph. "When we get beat, I get very low, but when you are managing in the Premier League with Birmingham, Wigan, Hull, Sunderland you do get better at dealing with it. You have to.
“By the time I got to Newcastle, I thought I could handle everything thrown at me but it has been very, very tough. To never really be wanted, to feel that people wanted me to fail, to read people constantly saying I would fail, that I was useless, a fat waste of space, a stupid, tactically inept cabbage head or whatever. And it was from day one.