Manager Steve Bruce has left Newcastle United via mutual consent following the Saudi Arabia-backed financial takeover of the club.

Newcastle United has been in a slump to start the season — only scoring 3 points in 8 games played thus far. Saudia Arabia-backed Public Investment Fund (PIF) completed its $419 million financial takeover earlier this month which saw former owner Mike Ashley being bought out, with Steve Bruce also confirmed to have left the club through mutual consent.

The 60-year old manager helped Newcastle United remain in the Premier League during his stay at the club — managing a 12th and 13th place finish in the past 2 years along with quarterfinal appearances in the FA Cup and Carabao Cup. Despite these feats, he expounds that his time with the Magpies hasn't been the greatest.

Via Mark Ogden of ESPN:

“I think this might be my last job,” the former Aston Villa, Hull City and Sunderland boss said. “It's not just about me; it's taken its toll on my whole family because they are all Geordies and I can't ignore that. They have been worried about me … especially my wife, Jan.”

Bruce adds, “I've always enjoyed the fight, proving people wrong, but that's all it ever seemed to be. A fight, a battle. It does take its toll because even when you win a game, you don't feel like you are winning over the supporters.”

As the newly-owned club scours the market for a new manager to help Newcastle United rise to Europe's ladder, First-team coach Graeme Jones will serve as the interim manager for the time being. Sources have told ESPN that management is working rapidly to appoint a new manager as soon as possible.