Llambias optimistic over Newcastle

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Newcastle managing director Derek Llambias is confident the events of the past fortnight have helped to secure the long-term future of the club.

During that period, owner Mike Ashley managed to tie up manager Alan Pardew and his coaching staff on eight-year contracts and secure a sponsorship deal with digital finance company, part of which will see the name of the stadium revert to St James' Park after a controversial spell as, officially at least, the Sports Direct Arena.

"It's been a big fortnight - a very big fortnight. For me, it's all about stability," he told the Journal. "To be able to get the coaching staff and the manager on side for eight-year deals, and then complete our sponsorship deal with Wonga, plus the stadium naming rights as part of that - it's a good two weeks, it's a very good two weeks for the club."

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