The 56-year-old former Bristol City and Cardiff City boss had been out of work after leaving Ipswich Town's academy back in 2013.
Osman and Butcher played together at Ipswich and helped the club win the UEFA Cup in 1981.
Newport start their League Two campaign with a trip to Cambridge United on August 8.
Restore Data
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | Port Vale | 14 | 9 | 3 | 2 | 23 | 15 | 8 | 30 |
| 2 | Walsall | 13 | 8 | 2 | 3 | 26 | 14 | 12 | 26 |
| 3 | Notts County | 14 | 7 | 5 | 2 | 22 | 12 | 10 | 26 |
| 4 | Doncaster RoversDoncaster | 14 | 8 | 2 | 4 | 20 | 16 | 4 | 26 |
| 5 | Crewe AlexandraCrewe | 13 | 7 | 3 | 3 | 16 | 12 | 4 | 24 |
| 6 | Chesterfield | 14 | 5 | 7 | 2 | 28 | 15 | 13 | 22 |
| 7 | Bradford CityBradford | 14 | 6 | 4 | 4 | 20 | 15 | 5 | 22 |
| 8 | MK Dons | 14 | 6 | 3 | 5 | 21 | 16 | 5 | 21 |
| 9 | BarrowBarrow | 14 | 6 | 3 | 5 | 15 | 11 | 4 | 21 |
| 10 | Grimsby Town | 14 | 7 | 0 | 7 | 18 | 25 | -7 | 21 |
| 11 | Gillingham | 14 | 6 | 2 | 6 | 15 | 12 | 3 | 20 |
| 12 | Salford City | 14 | 5 | 5 | 4 | 14 | 16 | -2 | 20 |
| 13 | AFC Wimbledon | 11 | 6 | 1 | 4 | 18 | 9 | 9 | 19 |
| 14 | Newport CountyNewport | 14 | 6 | 1 | 7 | 18 | 24 | -6 | 19 |
| 15 | Fleetwood TownFleetwood | 13 | 4 | 6 | 3 | 19 | 15 | 4 | 18 |
| 16 | Cheltenham TownCheltenham | 14 | 5 | 2 | 7 | 18 | 21 | -3 | 17 |
| 17 | Harrogate TownHarrogate | 14 | 4 | 3 | 7 | 11 | 19 | -8 | 15 |
| 18 | Bromley | 13 | 3 | 5 | 5 | 15 | 17 | -2 | 14 |
| 19 | Tranmere RoversTranmere | 13 | 3 | 5 | 5 | 8 | 16 | -8 | 14 |
| 20 | Accrington StanleyAccrington | 13 | 3 | 4 | 6 | 15 | 22 | -7 | 13 |
| 21 | Colchester UnitedColchester | 13 | 2 | 6 | 5 | 16 | 20 | -4 | 12 |
| 22 | Swindon TownSwindon | 14 | 2 | 6 | 6 | 15 | 20 | -5 | 12 |
| 23 | Carlisle UnitedCarlisle | 14 | 2 | 2 | 10 | 12 | 28 | -16 | 8 |
| 24 | Morecambe | 14 | 1 | 4 | 9 | 12 | 25 | -13 | 7 |
| > League Two Full Table | |||||||||
