Hartlepool, the bottom club in the Football League, have appointed Ronnie Moore as their new manager, after the takeover of the club was completed on Tuesday.
Moore, 61, has been out of work since he was in sacked by Tranmere in April, having admitted to breaking Football Association betting rules following an investigation.
The club made the appointment yesterday, the same day the TMH 2014 Limited took over the club from Ken Hodcroft.
Moore has appointed Sam Collins as his assistant at Victoria Park.
"We believe that having Ronnie in charge will give the club the best possible chance of remaining in the Football League and we will provide him with all the support he needs to help him achieve that," said chairman Peter Harris, who is director of TMH 2014.
"He is a very experienced manager, which is something we felt was needed but he's also a tough character who is very much prepared for the battle ahead."
Moore took his first full-time management job at Rotherham 17 years ago, leading them to successive promotions to the second-tier in 2001. He has also had spells at Stockport, Oldham and Tranmere.
Hartlepool have not won a league game since 11 October and are six points from third-bottom in League Two.