Critical Time On Owen Contract – But Deal Still Likely

Newcastle have not come to any agreement yet, with Michael Owen on the contract negotiations.

Michael Owen – crunch time – but deal still more likely than not

But we also give little credence to the News Of The World (NOTW) report yesterday that said Newcastle could sell Michael by next Monday (September 1st) for a fee of just £5M.

While it’s true, in the worst possible case, that if no agreement is reached Michael has every right to walk away from Newcastle next summer for nothing, we think cooler heads will prevail, and the club and Michael  will be able to reach a compromise solution on Owen’s contract.

But the situation is rife for sensational reporting, and we’re going to get a lot of that, until a deal is struck with the English International.

It’s true that negotiations over the striker’s contract have been dragging on since last May, when Kevin Keegan appealed to the Newcastle board to get a deal done as quickly as possible.

The proverbial source close to the talks told the NOTW yesterday:

“We are getting towards the business end of things now.”

“It has gone on for so long without any real progress being made and it can’t continue too much longer.”

And last week’s reports that Newcastle were willing to offer Michael £140K/week (£7m per year) were false, and the Evening Chronicle reported that early last week.

The hope is that Newcastle can offer Michael a decent package, that with some personal and team success in the coming seasons, and incentives in the contract, Michael can make as much as he was getting now.

But the team and Michael himself will need to do a lot better than over the last 3 seasons.

But we cannot see much wrong with that – it’s simply pay per performance, which is fair to both sides.

Comments welcome.

37 comments so far

  • Toonboy

    Aug 25, 2008 at 12:18 AM

    Comment #1

    1st, sign for life MO

  • Big Ricks Black Nd White Army

    Aug 25, 2008 at 12:18 AM

    Comment #2

    get it done

  • scottynine

    Aug 25, 2008 at 12:20 AM

    Comment #3

    I am first !!!! Just offer him what he wants. What would it cost us to go and buy a real goalscorer like micheal ( if there’s any interested in nufc ) he only needs one chance on goal then bang

  • brutooooon

    Aug 25, 2008 at 12:20 AM

    Comment #4

    good player, always injured. and please don’t raise the wages for him…..

    sometimes its better if we go for another cheap younger striker which can score the same goal like MO

  • AndyNUFC

    Aug 25, 2008 at 12:25 AM

    Comment #5

    If he keeps on getting the goals then sign him up, but I feel like another striker to help set up goals is vital, anybody think Derdiyok would be a good idea?

  • BenjiToon

    Aug 25, 2008 at 12:33 AM

    Comment #6

    What Saturday proves is that Owen remains: a) a top quality stiker, with excellent timing despite losing his pace; and b) he is key to Newcastle’s chances in the Prem this season.

    Look – teams that finish in a European spot usually have two players in double figures, or more. Given Viduka’s age, Smith and Ameobi’s lack of goals, Carroll’s injury and inexperience, that leaves Oba and Owen. Lose one and we’re virtually half the team we need to be to finish in a reasonable position.

    …and that’s regardless of whether we sign a quality LB or if Taylor cuts out those hand balls.

    That means we need to do the deal with Owen, one way or another. I hate the way the Prem has become a cash-cow for players. The amount of money they earn these days is ludicrous and an insult to fans BUT this is the reality and without Owen we’ll be significantly weaker.

  • sirjasontoon

    Aug 25, 2008 at 12:43 AM

    Comment #7

    Mr Owen has Newcastle over a barrel and that is Mike Ashley’s fault this should have been done ages ago.

    I hope he does reason being that he is a luxury player that would be great somewhere like Arsenal or Man united because with the squad they both have he would not be relied upon as much and when injured they have players to fill his shoes…we need 2 strong strikers young,fit and hungry that can play more regular..Owen is quality but just not right for us and his wages are crazy for the return we get in appearences.

    See sunderland are splashing another £8mil on ferdinand…they make our spending look like penny stretcher.

  • sirjasontoon

    Aug 25, 2008 at 12:43 AM

    Comment #8

    Ed my comments are not showing : (

  • sirjasontoon

    Aug 25, 2008 at 12:45 AM

    Comment #9

    does not compute…bleep bleep…blog is collapsing cpu..bleep does not compute !

  • sirjasontoon

    Aug 25, 2008 at 12:46 AM

    Comment #10

    This blog sucks now Grrrrrrrrrrrrr

  • Ed Harrison

    Aug 25, 2008 at 12:49 AM

    Comment #11

    sirjasontoon – your comments are in there – I can see them OK – can you?

  • Ed Harrison

    Aug 25, 2008 at 12:52 AM

    Comment #12

    my last comment took 2 mins to go up there – is there a long wait in the posting of your comments???

  • buddy

    Aug 25, 2008 at 1:16 AM

    Comment #13


    give it time. sometimes u need to take 2 steps back to 3 steps forward

    ed, cheers this is a great blog and youre doing a great jub. keep it up and i cant wait til we are up and running properly again

  • the blogs need to get the comments up quicker thats all cos we cant see it until like an hour later

  • The Second Coming

    Aug 25, 2008 at 2:16 AM

    Comment #16

    The News of the World editorial hits the nail right on the head…
    “provide more than enough money to keep Owen happy.”

    That’s the size of it. I’m just not comfortable that talent for 20 games a year (bets?) deserves to blackmail the club. This can only divide the players without exorbitant wage, like Milner, so I’m torn.

    But to be honest, how much would we miss his injuries? Not sure how grateful he is for the medical help, rest and salary we’ve provided him over the last few years.

  • 51times

    Aug 25, 2008 at 3:13 AM

    Comment #17

    Hey, now they know how I’ve felt this past month.

    ronaldeano, I hope you are sufferring.

  • Sav

    Aug 25, 2008 at 3:30 AM

    Comment #18

    2 critical things happened – Owen underlined his importance by scoring a vital goal and the crowd underlined its importance by 5000 staying away.

    That should make for interesting negotiations.

  • Tom Mo.

    Aug 25, 2008 at 5:18 AM

    Comment #19

    yo I might be traveling to newcastle soon for the first time to see the lads. if anyone has any advice or anything id love to hear from you. shoot me an email at if you’re bored. thanks alot,

    Tom Moore

  • sirjasontoon

    Aug 25, 2008 at 5:22 AM

    Comment #20

    Hi Ed I see my comments now but logged in 4 hrs later ill see how this one goes : )

  • sirjasontoon

    Aug 25, 2008 at 5:23 AM

    Comment #21

    Nope still didn’t come up after posting..ill keep trying though keep up the good work Ed.

  • JonnyToon

    Aug 25, 2008 at 6:07 AM

    Comment #22

    Think he proved to everyone again how valuable he is tbh im not sure anyone even really doubts that . Its just the amount he gets injured leaves people frustrated, hopefully he can stay fit for the rest of this season. Cant believe duff and martins are injured already, these players seem to fall apart so easily.

  • ginkoh

    Aug 25, 2008 at 6:21 AM

    Comment #23

    If he stay fit, We don’t mind 100000+/week.He worth it. But who know when his injury ruin him gain? hopefully it’s not happen. For now please tie him up.

  • The Entertainers

    Aug 25, 2008 at 6:21 AM

    Comment #24

    Newcastle United will shoot theirselves in the foot if they do not sign MO.

    The lads playing record is terrible, but his scoring recored is unbelieveable. This is in a team with limited creativity remember!

    I remember when Shearer first signed from Rovers, his first 2 seasons were also injury hit, however we stuck by him and didnt he reward us.

  • andyglostoon

    Aug 25, 2008 at 7:32 AM

    Comment #25


  • Steven

    Aug 25, 2008 at 9:09 AM

    Comment #26

    Owen is great but his injury problems are a serious obstacle to givin him another big deal, he does not deserve 140K a week, maybe closer to his current 100K, like 110K


    Aug 25, 2008 at 9:24 AM

    Comment #27

    we have to keep him unless the wow signing is going to be any better. off subject but did anyone see the man city game yesterday how many empty seats was there ,is it in the papers today about that ,dont think so theyare more than likly still bleeting on about us SMB


    Aug 25, 2008 at 9:29 AM

    Comment #28

    last comment didn,t submit we need a wow ed


    Aug 25, 2008 at 9:29 AM

    Comment #29

    neither did that whats gan on

  • ronaldeano

    Aug 25, 2008 at 9:30 AM

    Comment #30

    @51 times, suffering for what?

  • Mac

    Aug 25, 2008 at 10:04 AM

    Comment #31

    Get Owen signed up NOW

  • Matthew Tom

    Aug 25, 2008 at 10:20 AM

    Comment #32

    The current policy of trying to impose a wage cap will mean that we can never hope to employ the best players. They will simply go wherever they can get another £40,000 a week and who can blame them? It is the most stupid thing I ever heard.

    The game is continually changing. Top top players are paid huge amounts and if we refuse to compete on wages, we will be unable to compete on quality.

    If we aren’t prepared to pay proper salaries, we will become a youth team for the massive clubs, just like where Arsenal is going all too rapidly.

    There will be no possibility of players staying with us on lower wages just to get regular football, as these are players that will command a starting place every week in just about any team, with the possible exceptions of Chesea, Real Madrid, Barcelona and AC Milan. Even Man United will play someone every week who’s on over £100K a week.

    We have to GET REAL and realise that these kinds of wages are part and parcel of the modern game. Otherwise 4th place will be the absolute limit of our ambitions.

    Ashley has already said he wants us WINNING THE LEAGE in the next 3-5 years. That means investing in wages for top players. That much never changes.

  • clint

    Aug 25, 2008 at 10:28 AM

    Comment #33

    Let’s do the maths…..
    new CF £15M, and £60K per week = £31M over 5 years…(less sell on fee!)

    To keep MO £120k per week (average) = £31.2M over the same period – but no sell on fee (he’d be 33)

    Juggle the figures anyway you want, but it looks better financially to get a younger striker in….but we’re Newcastle fans – since when have we cared about the money!

  • bailey

    Aug 25, 2008 at 10:30 AM

    Comment #34

    If he does sign then at last we will know for certain his 100% to NUFC. Judging by his reaction to scoring against Bolton I think he really does want to be here because it seemed more than just a “goal” celebration and more of a genuine response to the cause.
    Though only downside is taking a chance on his fitness but it always seems to be forgotten that his most serious injuries with Newcastle have both been career threatening.

  • bailey

    Aug 25, 2008 at 10:47 AM

    Comment #35

    Away from the Owen issue.
    Why are the media making such a fuss over size of our crowd on Saturday?
    It was the biggest in the league. Next best was 43000.
    Yet know mention of other clubs attendances some of which were only around half of ours.
    Watched Man City on TV yesterday and wish we had gone in for Vincent Kompany he looks some player and I know other bloggers on this site have mentioned him before. He looked a bargain.

  • beyethegreat

    Aug 25, 2008 at 11:09 AM

    Comment #36

    we should sign him though i have to say i am disappointed that he would blackmail the club like this i thoiught when it was rumoured he would be getting 100,000 that was reasonable for a player of that quality

  • ian

    Aug 26, 2008 at 8:11 PM

    Comment #37

    Agree with the lads above sick and tired of his games, he should have been signed up either before or just in to the transfer window for sensible money, I would sign Huntelaar and leave Michael Owen to do what he wants, if he cant get a job next year he can make us an offer and we will consider it.

    KK is right he is an excellent player, but the club employ him and he is a load of hassle as an employee, always off sick and always wanting the most pay.

    Whoevers fault it is that the deal isnt signed should be the one who pays, if it is Owen holding back, stuff him buy a youngster and keep Owen this year, or buy two and let Owen go.


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