"I am very pleased to welcome Rafa Benitez to the club. In Rafa we have, without doubt, secured the services of one of Europe's top managers.
"He has managed some of the most successful teams at the very highest level of the game and we are proud to now have him as our manager.
"Our sole focus now is to give our full support to Rafa, his coaching team and the players in order to secure our status in the Premier League.
"I would like to place on record my sincere thanks to Paul Simpson, Alessandro Schoenmaker and Steve Black for their service to the Club."
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