Newcastle chairman Chris Mort is set to step down from his post just a year after replacing Freddy Shepherd at the helm.
It is understood the top City lawyer, who took a year's sabbatical to spearhead owner Mike Ashley's vision for the future at St James' Park, could leave the club within a matter of weeks.
Mort has overseen the transition from the Shepherd era and a restructuring of the club during his chairmanship, and his reign has been far from uneventful.
He initially arrived on Tyneside to work alongside Shepherd, who had earlier sold his shares to Ashley to ease him towards a £134.4million takeover, but was quickly handed the reins as the former chairman ended his long association with the Magpies.
Sam Allardyce was already in place as manager when the pair arrived, but having overseen his summer recruitment drive, backed by a relatively modest net investment of around £10million, they dispensed with his services in January after a dreadful run of results.
They sprang a major surprise when they replaced Allardyce with Kevin Keegan, and although even he found the going tough in the early stages, the club's Premier League status was secured long before the campaign drew to a close.
However, it is away from the football side of things that Mort has done much of his work, overseeing a drive to address Newcastle's £100million debt burden and working to improve the club's image both inside and outside the city.
The Magpies are yet to confirm Mort's departure, or the identity of his replacement.
But significantly, Ashley's long-term associate Derek Llambias was appointed deputy chairman earlier this month and it would be no surprise if his name was high on the list of potential successors.


richk (Newcastle United) : "...Great, we make our first real signing of the summer and now there's all sorts of confusion surrounding it!! Not only that but now it seems MA is willing to sell to some american idiots!!!yes this may mean we get more money etc but personally i dont w..." view full comment
Liverpool will not pay the £18m Aston Villa want for Gareth Barry, Mike Ashley would sell Newcastle for £420m and Hull want George Boateng.
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Your Comments
FHMAG13 (Newcastle United fan)
"hampson you only show yourself up when you take the tripe that the press keep churning out as gospel. It's our club, we know the facts we live and breathe it every day, so please just believe us when we tell you that Ashley wiped what debt we had. You don't see us debating the facts about your club do you? Anyway Mort stepping down was always meant to happen, so there's no shock story here."
toon89 (Newcastle United fan)
"**hampson_10 (Bolton Wanderers fan)** We had at least £100m debt under Freddy Shepherd, Mike Ashley came in and paid off ALL of our debts, it has already been confirmed by Chris Mort. So i guess you are not qualified to comment on our stories until you know all the facts."
hampson_10 (Bolton Wanderers fan)
"toon89 u want to read the story that ur posting on mate, it says you have or at least had £100million worth of debt, cnt reli see that disappearin in a season mate. "
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