Eddie Howe signs new Newcastle deal ahead of Premier League season

Newcastle signed Eddie Howe to a long-term deal less than a year after he was tasked with keeping the relegation-threatened club in the Premier League.

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

Newcastle United are delighted to confirm that head coach Eddie Howe has signed a new long-term deal with St James’ Park, the club said in a statement released on Friday afternoon.

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

“The team were still aiming for their first Premier League win of the season at the time of Howe’s arrival, however he led United to 11th place in the 2021-22 campaign, 14 points from the bottom three and just two points from top. ten”.

Howe received £94m in the January transfer window to sign Kieran Trippier, Chris Wood, Dan Burn and Bruno Guimarães on a full-time basis and Matt Target on loan.

He has since been allowed to invest another £55m in Targett, Nick Pope and Sven Botman as the club’s 80 per cent Saudi Arabian-backed owners struggle to rebuild the club’s fortunes.

Howe said: “It’s a great feeling to dedicate my future to this incredible club. I am very proud to be the head coach of Newcastle United and enjoy every moment here.

It is an exciting time to be part of Newcastle United and I am very excited about our future together.Newcastle manager Eddie Howe

“I would like to take this opportunity to thank my coaching team, players, staff and fans. They make this place special every day.

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

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

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

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Eddie Howe was appointed by the Saudi-backed Amanda Staveley Consortium last November. (Owen Humphreys/PA)

Newcastle moved Nottingham Forest to Tyneside on Saturday looking up rather than over their shoulder.

But Howe warned that despite their supposed wealth, the club, still targeting attacking reinforcements, would operate with spending caps for some time.

Speaking at his pre-match press conference earlier in the day, Howe said: “Financial fair play will affect us, I think will continue to affect us for a number of years.

“We don’t have the freedom of action, the freedom of action that may have been perceived in the media, that we can go and sign anyone and pay extortionate fees and salaries.

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