Steve Bruce will be sacked this week after Newcastle’s owners realised the negative impact his presence could have in their opening game against Spurs.
Sportsmail reported last week that the 60-year-old would be leaving the club in light of the Saudi-led takeover, and that his payoff stands at £8million. Talks will now begin over the exact terms of his exit.
Amanda Staveley and her advisors have a shortlist within a longer list of names identified as his replacement, but that appointment could yet take some time to finalise.
We understand former Borussia Dortmund boss Lucien Favre is one of those under consideration, as well as Leicester's Brendan Rodgers and Rangers boss Steven Gerrard.