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Newcastle relegation odds after Eddie Howe stepped down as manager

Check out the latest odds for Newcastle United to be relegated from the Premier League after Eddie Howe parted ways with the club.

Reports emerged on Thursday morning that Howe had resigned from his role at the club with immediate effect after nearly five years at the helm.

The 48-year-old led Newcastle to the EFL Cup final in 2023, before becoming the first manager to win a trophy for the club in more than half a century when they beat Liverpool in the competition the following year.

The news comes amid what has been a frustrating summer for the club in the transfer market thus far, missing out on top transfer target Johan Manzambi who opted to join Aston Villa.

Meanwhile multiple key players have already left the club.

Anthony Gordon sealed a move to Barcelona prior to the 2026 World Cup, while midfield talisman Sandro Tonali joined Spurs in a club-record £100million deal earlier this month.

Bruno Guimaraes also appears poised to leave St James' Park this summer. The club captain has been repeatedly linked with a move to Arsenal in the transfer window, and talks between the two clubs are said to have progressed in recent days.

Newcastle United 2026/27 Premier League Odds

(Odds will display when market is available).

Newcastle finished 12th in the Premier League last season, their worst league placement since Howe took the reins in November 2021.

Following a 2-0 defeat by Fulham on the final day, the frustration was palpable from Howe as he assessed their campaign.

"There have been a lot of bruises this season," he said.

"It's something we need to address and we need to address it very quickly."

The summer rebuild Howe referred to is yet to come to fruition and Newcastle could find themselves in a precarious position in the coming campaign with the loss of their long-term head coach and several key players.

The club's last season in the Championship came exactly a decade ago in 2016-17, as they were promoted as champions just one year after slipping into the second tier.

At the end of last season Newcastle were 40/1 to be relegated at the end of the 2026/27 season when the market first opened.

Since then the price dropped to 20/1 before shortening again to 12/1 when the reports of Howe's departure emerged.

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