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Wednesday 19 June 2013

Derek Llambias resigns as managing director of Newcastle

Club announce that managing director has quit after five 'incredible' years at St James' Park

Derek Llambias, left, came to Newcastle when Mike Ashley took the club over

Newcastle United have announced that Derek Llambias, their managing director, has resigned from his position with immediate effect.

"I have had an incredible journey during my five years at the club, including some challenging times," Llambias said. "I will reflect with great fondness on my time in the North East and, in me, Newcastle United have a lifelong supporter.

"I want to thank the staff for their hard work, our fans for their support of the club, and wish them all well for the future."

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Key Points

  • Derek Llambias resigns as managing director at Newcastle United
  • Llambias had been at St James' Park for five years
  • He says he will reflect on his time in Newcastle with 'great fondness'