By Graeme Bailey Last updated: 9th January 2008
Allardyce: On his way
I am disappointed to be leaving Newcastle United but I wish the club all the best for the remainder of the season and for the future
Former Magpies boss Sam Allardyce
Quotes of the week
Newcastle United have parted company with manager Sam Allardyce by mutual agreement, the club have confirmed.
Allardyce has been under huge pressure all season, but he seemed to have ridden out the storm and was ready to be given time by owner Mike Ashley.
Ashley only took charge at St James' Park in the summer, but he arrived just a matter of months after Allardyce was appointed by his predecessor Freddy Shepherd.
"Mike and I would like to place on record our thanks for Sam's efforts and wish him well for the future," said chairman Chris Mort.
"A new manager has not yet been appointed at Newcastle United. We will make a further announcement on the managerial position when appropriate."
Allardyce admitted he was 'disappointed' to be leaving the club.
"I am disappointed to be leaving Newcastle United but I wish the club all the best for the remainder of the season and for the future," he said.
First-team coach Nigel Pearson will take charge of the club at Manchester United.
Magpies legend Alan Shearer is emerging as an early favourite to fill the role - although Sky Sports News understands he has not been approached.
It is also claimed that the next appointment will be British rather than foreign.

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