Date: 12th October 2012 at 3:51pm
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Eddie Howe after days of speculation and internet gossip has quit Turf Moor to re-join his former club, AFC Bournemouth along with assistant Jason Tindall.

The two clubs have finally agreed a compensation package this Friday afternoon. Howe`s contract at Turf Moor was not due to expire until June, 2014 but the club have accepted an undisclosed compensation package from the League One club.

Howe has returned to Dorset for personal reasons to be closer to his family.

His departure has naturally led to widespread speculation as to who will replace him and it sets up the intriguing possibility although unlikely that it could be former gaffer, Owen Coyle, recently sacked by Bolton.

Other names already being linked are former Clarets favourite Mickey Mellon, manager of new Football League side Fleetwood Town and Manchester United number two Mike Phelan.

Burnley Chairmen John Banaszkiewicz and Mike Garlick have issued the following joint statement following the departure of Howe:

“We are surprised and disappointed that Eddie is leaving a great club like Burnley so soon in the season.

“However, we understand that his decision reflects his personal circumstances rather than any matters at Burnley Football Club, be that supporters, the players or the Board.

“We wish Eddie well in his future career and thank him for the hard work he has done at Burnley over the past 20 months.

“Since we were elected co-chairmen, we have embarked on a wide-ranging programme of development at Burnley Football Club and this will continue.

“In some ways this change creates new opportunities that we can take on board as we look to improve upon our league position and create a strong platform for the future.

“We remain 100% committed and ambitious for the club.

“Eddie`s sudden departure will not deter us from our plans and we are confident that the team will rally round while we seek his replacement – a search that has already begun.”

Meanwhile Howe has also clarified his reasons for leaving:

“It`s been a really tough week. I can`t speak highly enough of Burnley Football Club, the people who work for the club, the players and the supporters, who have all been brilliant to us since we walked through the door, and I would like to thank them for that,” said Howe.

“To leave is incredibly difficult, but I feel it`s a decision I have to make for my family and for personal reasons, which I can`t go into detail on.

“There is only one club I would contemplate leaving Burnley for and that is Bournemouth and that is the situation we found ourselves in.”

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