Source: SKY_Sports
Magpies confirm Hughton
// A bit of a hack but it works// The article snippet is wrapped onto a second line, even when #article-sub is emptyif( $("div#article-sub").children().length == 0 ) {$("div#article-sub").remove();} Chris Hughton has been named as the permanent manager of Newcastle, while the Magpies have also been taken off the market.[LNB] Hughton has been rewarded with a contract until the end of the 2010/11 season after guiding the Magpies to the top of the Championship.[LNB]At the same time, the club confirmed Barry Moat's takeover bid has fallen through after he failed to match owner Mike Ashley's £80million asking price.[LNB]Ashley has now taken Newcastle off the market and will put a further £20m into the club this week as the Magpies push to win promotion back to the top flight at the first attempt.[LNB]A statement on the club's official website explained Newcastle's long-term plan - including renaming St James' Park.[LNB]It read: "Whilst confirming these two matters, Newcastle United now aims to move forward on and off the pitch.[LNB]"The club aims to maximise its commercial revenues; this includes renegotiating its club sponsor and kit deal, which expire at the end of this season, as well as welcoming offers for the stadium naming rights for next season."[LNB]DelightedOn Hughton's appointment, managing director Derek Llambias said: "We are delighted that Chris has accepted the post of full-time manager. He has done a terrific job this season and we wish him every success for the rest of this season and beyond.[LNB]"He will continue to receive our full backing and support."[LNB]Hughton added: "It is a very proud day for me to be named as the manager of this magnificent football club.[LNB]"I thank Mike and Derek for their support and will be doing everything in my power to get the club back into the Premier League at the first time of asking.[LNB]"Having the unequivocal backing of the players has helped me enormously and I would also like to thank Colin Calderwood, Paul Barron and the rest of the backroom staff who have never been anything but tremendously supportive to me this season."[LNB]
