“The board have known of my intention for more than eight weeks now,” said Hughes, who is the club’s chief execuitive and majority shareholder.
“I have a lot going on both within the football club and outside of football and I don’t have the necessary time and energy to devote to management.
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“The board had a meeting yesterday and they interviewed a shortlist of candidates and Gary was chosen and has accepted the appointment as head coach.
“I don’t want to reveal the names of the others who were interviewed, but I should point out that I sat out of the process because I didn’t feel it appropriate for me, as chief executive, to be involved in that.”