Newcastle United manager Eddie Howe has signed a new long-term contract with the club. Howe became the head coach of Newcastle United following the takeover of the club by the Saudi Arabian Public Investment Fund. He took over from manager Steve Bruce last year with a contract for two and a half years in the managerial position.
Eddie Howe completely reversed Newcastle United’s fortune after joining them last season. They had not won a game before the appointment of Howe in the league last season. However, Howe transformed the team completely and led them to 11th position in the league, 14 points clear of the relegation zone. An unbeaten run of games in February saw him winning the Premier League manager of the month February. Speaking to the official Newcastle website, Howe expressed his joy in renewing his contract. Howe said:
“It’s a great feeling to commit my future to this incredible club. I’m extremely proud to be the head coach of Newcastle United and have enjoyed every moment here. I’d like to take the opportunity to acknowledge my coaching team, the players, staff and supporters. They make it a very special place to be every day.”
Howe’s comment on financial fair play
The club has backed Eddie Howe in the market last season and this season as well. Last season the club signed major talents such as Kieran Trippier and Bruno Guimares. This season, they have signed Sven Boatman from Lille and have made the loan deal of Matt Target permanent. Moreover, they have also managed to sign English international goalkeeper Nick Pope. However, Eddie Howe has stressed that financial fair play still limits them and they do not have the freedom to spend as much money as they want. They still have to generate revenue streams that will help them to invest in the players. Speaking to the Guardian, Howe said:
“Financial fair play impacts us and will continue to impact us, I think, for a number of years, we haven’t got the free rein, the free hand, that maybe has been perceived within the media. We can’t go out and sign who we want and pay extortionate fees and wages, we’re having to be creative and smart and try and make the right additions within the financial constraints we have”
Howe has confirmed that the club is still on the hunt for a new forward this season. They are vying for the services of Leicester City’s James Madison.
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