The Daily Mail is reporting today that Newcastle owner Mike Ashley is ready to appoint Joe Kinnear until the end of the season, as hopes apparently are fading fast that a deal can be sealed to sell the club.
Joe Kinnear – likely contract through end of season
We think this was going to be the announcement after the Chelsea game, but the Newcastle Board backed off for whatever reason, probably in case they faced the wrath of Newcastle fans again. However, the news that came out on Sunday hardly set a vision of the club being sold anytime soon.
Americans are said to be the only bidders still in and apparently their bid is woefully short of the estimate Ashley has of the value of the club, and would likely mean a big loss on the deal for the Londoner.
While the news of the Newcastle club’s failure to sell will come as a big dampener for Newcastle fans, the appointment of Kinnear though the end of the season is more good news than bad. Joe has shown he can still manage well, and has instilled tremendous fighting qualities and not a little bit of organization into the side.
He also seems to be threatening to put together a strong defense at the club, as witnessed last Saturday by one of the best defensive displays for a long time – frightening indeed. 😀
The new news today is that two American groups are now on the verge of pulling out of talks with Ashley and Keith Harris, simply because their bid is way too low and simply unacceptable. It may be that Mike has to wait a while until hopefully the economic conditions are more supportive of a sale in the region for £250M.
Kinnear’s current contract runs out at the end of December, but he has made no secret of his desire to take over on a full-time basis, and he keeps telling anybody who will listen how thrilled he is to be the manager of the famous club. He’s certainly managed to instill the pride that is Newcastle United into his players in a short 9 weeks, that’s for sure.
So it looks like the former Wimbledon manager will be rewarded with a new and longer deal, and hopefully they’ll start paying Joe a decent wage, given the pittance (in comparison) he seems to being paid right now.
That’s compared to the £3M/year we’ve paid to Sam Allardyce and Kevin Keegan, our last two permanent managers.
But if anybody deserved a deal through the end of the season it’s Joe Kinnear.
He’s got 10 points from the 8 league games he’s been in charge of, and while that’s not particularly great – before he arrived Newcastle had lost 5 straight games, so he’s managed to turn things around.
Under Kinnear Newcastle have played well in all their games apart from Fulham and Wigan, where we lost 5 valuable points, and are still stuck at 3rd bottom in the league.
Anything that will add a little stability at the club right now is welcomed, but exactly how we persuade players to stay at the club now is a very good question, since things are still temporary at best.
But no doubt Joe will be giving that a go very shortly. We wish him the best of luck because Joe has worked his socks off for the Newcastle United cause and we on the blog are very appreciative of his work and effort on behalf of our club.
It’s as simple as that.