The 48-year-old coach has reportedly left the club via mutual agreement just a couple of hours following the 4-1 pre-season friendly loss to Bristol City on Wednesday.
"I absolutely love the football club and that will never change," said the Englishman after the defeat.
Howe took over at the helm of the Magpies in November 2021 after replacing Steve Bruce, managing to lead the side to their first domestic cup [EFL] victory in 70 years and qualification to the UEFA Champions League after a 19-year absence.
According to the Athletic, Howe told the club that he wants to take a break after almost five years in charge following a disappointing 2025/26 season, with the club losing key players like Anthony Gordon and Sandro Tonali during the current transfer window.
The Toons are reportedly close to completing a deal for German mentor Matthias Jaisle to take over as the club's new head coach for the new season.
The 38-year-old Jaisle will vacate his role as Saudi Pro League outfit Al Ahli's head coach to pursue his new role in the English Premier League.
Jack Grealish has dismissed suggestions that he was dropped from Manchester City's pre-season tour, insisting he is still recovering from injury rather than being left out by head coach Enzo Maresca.
Chelsea have completed the signing of defender Maxence Lacroix from Crystal Palace in a deal reported to be worth 52 million pounds.
Tottenham manager Roberto De Zerbi has made it clear he wants Lucas Bergvall to remain at the club, but insists no player can expect an automatic place in his starting line-up.
Liverpool maintained their winning start under new head coach Andoni Iraola after teenage forward Rio Ngumoha scored the only goal in a 1-0 pre-season victory over Wrexham at New York's Yankee Stadium on Wednesday.
