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Page last updated at 11:34 GMT, Tuesday, 24 June 2008 12:34 UK

Money handed Magpies academy role

Richard Money
Money used to manage Australian side Newcastle United Jets

Newcastle United have confirmed the appointment of former Walsall boss Richard Money as academy director.

Money, who has managed in Sweden and Australia, resigned from the Saddlers in April after nearly two seasons at The Banks's Stadium.

He told BBC WM: "It's too big a job to turn down. It's a wonderful opportunity for me.

"I probably needed the break but now I'm refreshed and I'm really looking forward to this new challenge."

The 52-year-old will work alongside Joe Joyce, the club's academy manager and other coaching staff in developing the club's youth academy.

Money took Walsall to the League Two title in his first full season and steered them into promotion contention last season in League One before his shock departure.

He said: "I've enjoyed the break because it's been a very hard two years. I'm just very pleased we [Walsall] were successful."


see also
Mullen named new Walsall manager
22 May 08 |  Walsall
Saddlers owner not blaming Money
23 Apr 08 |  Walsall
Money resigns as Walsall manager
22 Apr 08 |  Walsall
Walsall unveil Money as new boss
03 May 06 |  Walsall


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