Southampton name Mark Hughes as new manager

Southampton name Mark Hughes as new manager

Hughes, who made 60 appearances as a player for Southampton between 1998 and 2000, has signed a deal until the end of the season and it is believed he will earn a £1m bonus if he keeps the club in the top-flight.

Southampton moved fast to replace Pellegrino, who they sacked on Monday having only appointed the Argentinian last June, with Hughes available after being sacked by Stoke in January.

"I have to say thanks to [chairman] Ralph [Krueger], to the board, to [vice-chairman] Les [Reed] and [director of football] Ross Wilson, all my technical staff and all the Southampton employees".

In a statement posted on Southampton's official website, Pellegrino addressed the club's fans, saying: "From the beginning I tried to do my best every single day, I tried to give back to the club and tried to represent the club with pride".

The 54-year-old added: "I bring experience of the Premier League".

"I feel so sorry to leave the club in this situation, but when you don't get results I understand the decision the club has to take".

"That will enable the players to recognise and focus on what needs to be done in this key period of the season".

Former Blackburn and Manchester City chief Hughes inherits a team one place and one point above the bottom three after a horror run of only one win in 17 league games.

"Hughes has agreed a contract with the club until the end of the season and will take training at the club's Staplewood Campus for the first time on Thursday", Southampton said.

'The objective clearly is to remain in the league and make sure we're a Premier League club next year.

Welshman Hughes was sacked by Stoke City in January.

It is the ninth managerial change in the Premier League this season, and Hughes becomes Southampton's third different boss since June.

He said: "It's a hard situation we're in but anyone coming in can see the talent we have here and you will see our togetherness in the remaining fixtures".

Hughes will be assisted by long-term lieutenants Mark Bowen and Eddie Niedzwiecki.

Related Articles

  • Adobe Systems Incorporated (ADBE) Shares Bought by Alexandria Capital LLC

    Federated Investors Incorporated Pa holds 0.06% of its portfolio in Adobe Systems Incorporated (NASDAQ: ADBE ) for 139,847 shares. The firm has a market cap of $107,490.00, a PE ratio of 64.82, a price-to-earnings-growth ratio of 2.70 and a beta of 1.10.

    Queener Sells 21253 Shares of Pinnacle Financial Partners (PNFP) Stock

    Following the sale, the chief accounting officer now owns 235,471 shares in the company, valued at approximately $15,896,647.21. Koum Jan also sold $221.33M worth of Facebook, Inc. (NASDAQ:FB) on Thursday, February 15. (NASDAQ:FB) on Thursday, December 7.
    Hillary Clinton arrives in Rajasthan

    Hillary Clinton arrives in Rajasthan

    According to her schedule, She will be staying for a night there and leave for Delhi on Thursday morning, the officials said. The former US Secretary of State is in Maheshwar at the invitation of Richard Holkar, scion of the erstwhile Holkar kingdom.
  • The Kendall Capital Management Invests $413000 in Corning Incorporated (GLW) Stock

    The company has a market cap of $25,590.00, a P/E ratio of -43.76, a price-to-earnings-growth ratio of 4.46 and a beta of 1.35. It worsened, as 64 investors sold GLW shares while 339 reduced holdings. 66 funds opened positions while 235 raised stakes.

    Institutions Peg This Stock As a Favorite: Nuance Communications, Inc. (NASDAQ:NUAN)

    The stock is now showing up return of 6.68% throughout last week and witnessed increasing return of 8.07% in one month period. It increased, as 40 investors sold BMRN shares while 116 reduced holdings. 55 funds opened positions while 165 raised stakes.
    Notable Mover: Express Inc (EXPR)

    Notable Mover: Express Inc (EXPR)

    Currently Express Inc (NYSE: EXPR)'s shares owned by insiders are 1.75%, whereas shares owned by institutional owners are 0%. Stock repurchase programs are typically an indication that the company's management believes its shares are undervalued.
  • Analyst Upside Underscores Impressive Growth for Parsley Energy, Inc. (NYSE:PE)

    A high P/E suggests that investors are expecting higher earnings growth in the future compared to companies with a lower P/E. Raymond James Services Advsr reported 29,926 shares or 0.01% of all its holdings. 279,467 were reported by Fred Alger Mngmt.

    Price Target Analysis of Altria Group, Inc. (NYSE:MO)

    Voya Investment Mgmt owns 0.12% invested in Altria Group, Inc. (NYSE:MO) was sold by Dillard James E III on Friday, February 9. Quantum Capital Management LLC NJ acquired a new stake in Altria Group during the 3rd quarter worth approximately $114,000.
    Quarterback Teddy Bridgewater to Sign With Jets

    Quarterback Teddy Bridgewater to Sign With Jets

    Bridgewater, 25, said recently he still considers himself a starter, which will make for a spirited competition in training camp. McCown, Bridgewater, and a rookie quarterback have a lot more promise than anything we saw last season and even back in 2016.
  • Federal Bureau of Investigation  arrests CEO who allegedly sold modded phones to criminals

    Federal Bureau of Investigation arrests CEO who allegedly sold modded phones to criminals

    Ramos is on record as saying "We made it--we made it specifically for this [drug trafficking] too", to undercover agents. Undercover agents, running a sting operation, met with Ramos in Las Vegas last February, according to the complaint .
    'This Is Us' Teases Ominous Season 3 Mysteries in Unsettling Flash-Forwards

    'This Is Us' Teases Ominous Season 3 Mysteries in Unsettling Flash-Forwards

    Despite her father's tragic and untimely death, Kate was determined to have him there in any way she could. Deja has understandably been acting out after her mother abandoned her at the Pearson household.

    Brief Overview on Stock's Performances: Range Resources Corporation (RRC)

    Following the sale, the director now directly owns 96,000 shares of the company's stock, valued at approximately $1,541,760. A total of 5.82 million shares exchanged at hands and its average trading volume is standing at 9.38 million shares.