Bradford City boss Peter Taylor has rejected the offer of an assistant manager post at Newcastle United, according to joint-chairman Mark Lawn."Newcastle approached us and we subsequently agreed compensation for the remainder of Peter's contract," Lawn told the Yorkshire Post.
"Peter has indicated he wants to stay and we hope that is the end of it."
Taylor was appointed Bradford manager in February 2010 and signed a one-year extension to the deal in April.
Bradford are currently 10th in League One with 30 points from 22 games.
Newcastle United manager Alan Pardew has been looking for an assistant at St James' Park following his appointment as manager at the club in December, and has been linked with a string of coaches including Malky Mackay at Watford and Leicester City coach Chris Powell.
Source: BBC Sport