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Joe Kinnear has resigned has director of football at Newcastle, after failing to spend a single penny on new signings in his eight months at the club.

It comes at the end of an unsuccessful transfer window for the Magpies, in which they sold star midfielder Yohan Cabaye to Paris Saint-Germain, but were unable to bring in a replacement.

Joe Kinnear's role as director of football saw him in charge of transfers at the club, and Newcastle manager Alan Pardew said after losing Cabaye that it was crucial the club brought in a top class player:

"We need to bring someone in, for sure. We can’t lose someone of his quality and not replace him. That would leave us vulnerable."

After Newcastle failed to sign Lyon's Clement Grenier as a replacement, Pardew said: “We’ve got to get players of that class, there’s no doubt about that."

But Kinnear and his negotiating team were unable to do so, despite the former Wimbledon and Newcastle boss infamously claiming that he could pick up the phone and talk to any manager in the Premier League.

"I’ve spent my whole life picking up the phone and talking to Alex Ferguson, week in, week out, what would you do? I can pick the phone up at any time of the day and speak to Arsene Wenger, I can pick the phone up and speak to any manager in the league," he said during an interview with talkSPORT.

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He was also ridiculed for mispronouncing the names of several of his key players, as well as the club's managing director Derek Llambias (whom he referred to as Derek Lambeze).

He called Cabaye "Kebab", Hatem Ben Arfa "Ben Afree" and Shola Ameobi "Amamobi".

Click here: Read our annotated translation of the infamous interview.

It is unclear who will replace Kinnear, but the club have released the following statement:

"Newcastle United can confirm that Joe Kinnear has this evening resigned from his position as director of football with immediate effect.

"The club will be making no further comment."

His time as Newcastle's director of football has seen Kinnear at the centre of a number of controversial stories, including a report by the Sunday People that he had tried to sign a midfielder who was ALREADY a Newcastle player.

Kinnear spotted the player while on a scouting trip to Birmingham, and showed an interest in him, only to be told that he was on loan from the Toon.