Jewell Walks Out - Linked With Newcastle
Jewell's side went into the final day of the season in the bottom three but saw his side survive after a 2-1 win over Sheffield United, who were relegated.
It is the second time Jewell has parted ways with a club soon after keeping them in the Premiership.
In 1999/00 he pulled off one of the most unlikely escapes ever by keeping Bradford City in the division, again on the last day of the season, but tendered his resignation just days later before taking over at Sheffield Wednesday.
Things did not go well at Hillsborough and he was sacked after only eight months with the Owls struggling with financial problems off the pitch and footballing ones on it.
Meanwhile Alan Shearer says former Bolton boss Sam Allardyce, who looks certain to get the job, could be a success on Tyneside.
Shearer: "It's a huge job and there have been so many managers - I think I went through five or six in the 10 years I was there.
"There are a lot of personalities there that need sorting out. I think a lot of players have gone stale.
"Sam is an expert at getting the best out of players. I hope dearly he goes up there and wins a trophy. It is such a huge club and they are starved of success.
"One thing we can guarantee is he will get money to spend. I think it's defenders we need more than anything.
"The criticism that has always been aimed at Newcastle is the number of goals they concede, so I would imagine defenders are his top priority."
Shearer: "It's a huge job and there have been so many managers - I think I went through five or six in the 10 years I was there.
"There are a lot of personalities there that need sorting out. I think a lot of players have gone stale.
"Sam is an expert at getting the best out of players. I hope dearly he goes up there and wins a trophy. It is such a huge club and they are starved of success.
"One thing we can guarantee is he will get money to spend. I think it's defenders we need more than anything.
"The criticism that has always been aimed at Newcastle is the number of goals they concede, so I would imagine defenders are his top priority."