The 41-year-old will depart Elland Road on Tuesday after preparing the side for their League One match at Southend United.

A club statement read: "We have agreed a compensation package with Newcastle for the services of our manager Dennis Wise and he will part company with the club on Tuesday, after completing the preparations for our game at Southend that evening. Newcastle had approached us for permission to speak with Dennis on Friday and since then things have happened very quickly.

"We will always be grateful to Dennis for the way he has turned things around at the club on the playing side and he goes with our best wishes for the future.

"We are not prepared to comment on the inevitable speculation that will now follow about who will replace Dennis. That is not the way we do our business at this club.''

Leeds chairman Ken Bates, close friend and godfather to one of Wise's children, has already lost former assistant manager Gus Poyet to Tottenham Hotspur earlier in the campaign.

Wise and Poyet could not halt Leeds' slide into League One at the end of last season, but made a dream start to the current campaign where they are challenging for promotion.