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The Penny has dropped!

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Sky Sports sources had already revealed the new on the previous evening but today the Lancashire club confirmed the news. Penney will most likely watch from the stands as his new side take on the Saddlers on saturday – with Joe Royle stepping down immediately after the final whistle. In a sickening twist to his former club Darlington the Latics will not have to pay any compensation for the services of the former Doncaster Manager as the Quakers are still in administration.

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