Jamie Carragher says keeping Rafa Benitez is a major coup for Newcastle.
Benitez has agreed to stay on at St James’ Park following the club’s relegation from the Premier League.
The Spaniard was managing Real Madrid at the start of the year but will now be lining up against the likes of Burton Albion and Rotherham
Carragher, who won the Champions League under Benitez at Liverpool, told talkSPORT: “It is fantastic for Newcastle.
“It shows the quality of the managers in the Premier League now that someone with Rafa’s expertise and trophies won is having to go to the Championship now to get a job.
“He could have a got a job anywhere I suppose but in terms of England now and the money in the Premier League, what he is thinking is one year in the Championship and hopefully I can build Newcastle up to be a team competing for Champions League places.
“It is fantastic for Newcastle. I think they are all still in shock that Rafa actually took the job on the back of Real Madrid but he is there and I am sure he will got a great job.”