"Steve has been very professional in our dealings with him and he and his coaching team will take the team on Sunday.
"If we make any changes going forward, Steve will be the first to know but, in the meantime, we wish him the best of luck in his 1,000th match as a manager and will be joining you in getting right behind the team."
Staveley, who owns 10 per cent of the club, added Newcastle wanted to be "patient and considered" in their approach and that "change doesn't happen overnight".