Joe Kinnear has confirmed his return to Newcastle as director of football.
The former Magpies manager, 66, left the club in 2009 after suffering a heart attack but has now returned to work alongside manager Alan Pardew.
Kinnear told Sky Sports News: "It's an interesting role for myself and I don't think I could be at a better club to do it."
Kinnear confirmed that he met with club owner Mike Ashley earlier today to sign a contract with the St James' Park outfit, with the agreement reportedly lasting three years.
"It's absolutely done," he said. "I signed it with Mike today and that's taken care of.
"I intend to meet Alan either tomorrow or within the coming week to discuss the future and go through the team itself.
"We will discuss where it's glaringly clear we need to improve and that will be my job, to go and find those players."
Kinnear played down any lingering concerns over his health and is relishing the chance to return to the Barclays Premier League.
The former Wimbledon and Nottingham Forest boss was taken ill before a game against West Brom in February 2009 and, with United favourite Alan Shearer taking charge for the remainder of the season, Kinnear left the club at the end of his contract in May of that year.
"I'm as fit as a fiddle now," Kinnear said. "I'm absolutely delighted with the situation.
"I've been working out in the gym, I go for long walks, I've lost lot of weight - I'm in the best physical shape I've ever been.
"I've been waiting for the opportunity to come back. I have turned down managerial jobs in the lower leagues, because I felt I'd gone past that and I wanted to get my teeth into something in the Premier League.
"I've been very fortunate in my life as a manager, I've been manager of the year three times and I've had a great football career so I think I'm ideal for this situation."