Chris Hughton: "We have built on last season's momentum following promotion back up to the Premier League and have produced some excellent results to see us sitting midway in the table at this stage of the season.
"I am immensely proud of my achievements with Newcastle and I enjoyed a fantastic relationship with the players, my staff and the supporters during my time as manager.
"I now wish them and the club all the very best for the future. The termination of my contract is now in the hands of the LMA and I will therefore be making no further comment at this stage."
Richard Bevan, chief executive of the LMA, said: "The LMA is extremely disappointed that Newcastle have parted company with Chris given the success the club has experienced since his appointment.
"Not only did Chris secure promotion back to the Premier League, but achieved two club records in the process; 102 points to secure promotion and the longest sequence of unbeaten league matches (17).
"Throughout his time at Newcastle, Chris has conducted himself with tremendous integrity and dignity, the team's current position of 11th demonstrating the stabilising effect Chris has had in his role as manager during his period at Newcastle."
