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Mark Hughes named Manchester City manager

Mark Hughes named Manchester City manager Manchester City have named Mark Hughes as their manager and signed him on a 3-year contract, the club officially stated today. After a second round of talks with Manchester City's management, Mark Hughes agreed to leave Blackburn and join City to replace Sven-Goran Eriksson on a three-year contract. "He's an outstanding manager who has achieved many things with Blackburn. Mark was always the first choice of our new executive chairman, Garry Cook. Together they will make a great team. They will both prove to be excellent acquisitions, I'm sure. These are exciting times for Manchester City and I hope the supporters can understand that I share their goals. That sometimes means making ruthless decisions. Now we can go forward to a new era, with a new management structure and great hope and ambition," Manchester City owner Thaksin Shinawatra said today.

 Speculations in the media claim City have paid Blackburn Rovers £4.6 million in compensation and Hughes' new contract is reported to be worth £3m a year, although numbers have not been released by the club yet. With limited funds in Blackburn, Mark Hughes managed to bring the club to 7th place finish in the Premier League and with the money support of Manchester City, he is expected to improve on the 9th place City held this year. The move led to an upgrade of the odds on City to win the 08/09 Premier League at the British online bookmaker Bet 365 from the previous 500/1 to 200/1, still a long way from the favourite Manchester United who currently pay even odds.

 Published on 06/04/2008

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