Derek Llambias has resigned as managing director of Newcastle United, just one day after Joe Kinnear returned to the club.

Kinnear has taken charge of all football-related matters after stepping down from manager following a heart attack in 2009.

Llambias did not give any reasons for his decision to leave the club, and said in a statement on Tuesday that he was 'pleased to welcome Joe back'.

Llambias has worked closely with club owner Mike Ashley, who took over at the club in 2007 but it is Ashley that has brought Kinnear back on a three-year contract.

Newcastle manager Alan Pardew is yet to comment on both the appointment of Kinnear and the resignation of Llambias but Pardew himself is currently on a eight-year contract.

The Magpies had a disappointing Premier League campaign last season, finishing 16th, just five points ahead of the relegation zone.

They had a successful previous season, reaching the top six and securing themselves a place in the Europa League, where they reached the quarter-finals.


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