Eddie Howe signs new contract with Newcastle ahead of Premier League season

Newcastle gave Eddie Howe a long-term contract less than a year after handing him the task of keeping the club in danger of relegation from the Premier League.

The 44-year-old former Bournemouth manager, who was appointed manager of St James’ Park in November with a contract running until 2024, has been rewarded for his early success on the eve of the new campaign.

A club statement released on Friday afternoon read: “Newcastle United are happy to confirm that manager Eddie Howe has signed a new long-term contract at St James’ Park.

“Howe joined the Magpies in November 2021, shortly after the club was acquired by an investment group comprising PIF, PCP Capital Partners and RB Sports & Media.

“The team was still chasing their first Premier League win of the season at the time of Howe’s arrival, however he guided United to 11th place during the 2021-22 campaign, finishing 14 points ahead of the bottom three and just two points off top. 10.”

Howe was supported with £94 million in the January transfer window to recruit Kieran Trippier, Chris Wood, Dan Burn and Bruno Guimarães on permanent contracts and Matt Targett on loan.

He has since been allowed to invest a further £55m in Targett, Nick Pope and Sven Botman as the club’s owners, 80% backed by Saudi Arabia, try to restore the club’s fortunes.

Howe said: “It’s a great feeling to commit my future to this amazing club. I am extremely proud to be the head coach of Newcastle United and I have enjoyed every moment here.

“I would like to take the opportunity to recognize my coaching staff, the players, staff and fans. They make it a very special place to be every day.

“I would also like to extend my gratitude to our owners and (sporting director) Dan Ashworth. We are still at the beginning of our journey, but this is an exciting time to be a part of Newcastle United and I am very excited about the future together.”

Commenting on Howe’s new deal, club shareholders said: “We are thrilled to have secured Eddie’s long-term future.

“He is a young, dynamic and ambitious manager who fits in well at Newcastle United. We look forward to working with him and supporting him as we strive for long-term success.”

Eddie Howe was appointed by the Saudi Arabia-backed Amanda Staveley consortium in November last year.

Eddie Howe was appointed by the Saudi Arabia-backed Amanda Staveley consortium in November last year (Owen Humphreys/PA)

Newcastle’s welcome promoted Nottingham Forest to Tyneside on Saturday, looking up rather than over their shoulders.

But Howe warned that despite its perceived riches, the club, which is still targeting attacking reinforcements, will operate under spending restrictions for some time to come.

Speaking at his pre-game press conference, Howe said, “Financial Fair Play is going to impact us, will continue to impact us, I think, for several years to come.

“We don’t have the free rein, the carte blanche that may have been noticed in the media, that we can go and sign whoever we want and pay extortionate fees and salaries.

“We’re not in that position and I don’t think we will be for some time. We have to be creative and smart and try to make the right additions with the financial constraints we have.”

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