Alan Pardew will continue to lead Newcastle into next season after Derek Llambias revealed ‘constructive’ talks this week.
After a disappointing season, which saw Newcastle dragged into the relegation battle, there had been some suggestions that the Magpies may consider replacing their manager this summer.
The speculation gathered pace when it was revealed that the 51-year-old was due to speak with the Newcastle board on Wednesday, but the St James’ Park hierarchy seem ready to stick by Pardew.
Newcastle did hand Pardew an eight-year contract last September and it would appear they are happy to stand by the former West Ham boss as they prepare for the 2013-14 campaign.
Managing Director Llambias said: “Everyone connected with the club was disappointed to finish where we did last season, particularly on the back of such a fantastic year prior to that.
“Our discussions on Wednesday were very constructive and we pinpointed a number of factors that contributed to a season which fell below expectations.
There has been a great deal of speculation in recent weeks but our desire, as we announced back in September, is to bring long-term stability to this club.”
He added: “We are now looking forward and are entirely focused on the forthcoming campaign, with the expectation of at least a top-10 finish in the Premier League.”