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BREAKING NEWS: Newcastle confirm Eddie Howe as their new boss on two-and-a-half-year deal as Saudi owners FINALLY replace the sacked Steve Bruce after missing out on Unai Emery

Newcastle's new Saudi-led regime have finally appointed their first manager, with Eddie Howe having signed a two-and-a-half-year deal to take over at St James' Park.

The 43-year-old had been out of a job since leaving Bournemouth following their relegation from the Premier League two seasons ago, but after talks progressed last week and he watched their draw at Brighton from the stands, Howe was officially confirmed in the post on Monday.

Howe is perhaps a surprising choice to lead what is now the richest club in the world following the recent £305million takeover, with the new owners enjoying the financial might of Saudi Arabia's Public Investment Fund, which is worth over £300billion.