Newcastle United’s new owners have sacked head coach Steve Bruce.
Bruce was expected to be replaced after the Saudi Arabian-backed consortium, led by the Public Investment Fund (PIF).
PIF completed a £305m takeover of Newcastle on October 7th.
Steve Bruce remained in charge for the 3-2 defeat to Tottenham – his 1,000th match as a manager.
Non-executive chairman Yasir Al-Rumayyan and director Amanda Staveley watched the at St James’ Park.
The defeat left Newcastle second bottom of the Premier League.
They are still winless after their opening eight games of the campaign.
Newcastle said the process of recruiting a new head coach is under way.
According to reports, former Roma boss Paulo Fonseca has emerged as a contender.
Graeme Jones will lead the team on an interim basis, starting with Saturday’s trip to Crystal Palace.
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Steve Bruce bids farewell
Bruce guided the club to 13th and 12th- place finishes in his two years in charge.
He thanked his bosses for giving him an opportunity to coach a club like Newcastle United.
“I am grateful to everyone connected with Newcastle United for the opportunity to manage this unique football club,” Bruce said.
“I would like to thank my coaching team, the players and the support staff in particular for all their hard work.”
“There have been highs and lows, but they have given everything even in difficult moments and should be proud of their efforts.”
“This is a club with incredible support, and I hope the new owners can take it forward to where we all want it to be.”
“I wish everyone the very best of luck for the rest of this season and beyond.”
The PIF, worth £700bn, owns an 80 per cent share in the club after completing its takeover from Mike Ashley.