Just when we thought the club may be able to get some problems behind them, and move forward, we hear today from the Newcastle Journal that the legal dispute between Kevin Keegan and Newcastle United may drag on for months.
Kevin Keegan wants £9M from Newcastle
Yesterday we had reported that Newcastle would need to pay out around £10M for Keegan and Gutierrez, and that was an estimated based on the fact Derek Llambias had said that it would take £4M to pay off Real Mallorca and we had estimated £6M to Keegan, since the reports suggested he was after £8M.
There is a preliminary hearing between the two legal teams to discuss the case in the next couple of weeks, but the Journal understands it is unlikely that an agreement will be reached at that time.
The Journal is reporting today, however, that Keegan has claimed 3 years wages of £9M, for constructive dismissal, and both sides think they have a good case, It seems that Kevin wants the rest of his contract fully paid up, but that is rather unusual and cases like this settle for less.
Keegan is saying he was sacked and Newcastle say he walked out on them, and are counter-suing Keegan.
Newcastle of course would like to see the case settled as quickly as possible so they know if they are going to have to pay out any compensation and, if so, how much.
It’s fairly clear too that Keegan has had his last job in football management and he will want to maximize any settlement he will get from the Newcastle United club.
It’s a sorry way for both sides to close the door on Kevin, who has been one of Newcastle’s best managers ever.
Newcastle are due to receive around £16M from the sale of Shay Given, David Rozehnal, James Milner and Charles N’Zogbia in the summer, but that money was hoped to be used for some player recruitment this summer, which is lining up for the club to be a crucial transfer window, if the team is to be better than a relegation fighting side next season.
Mike Ashley is said by Llambias to be willing to put £15M of his own money into the transfer pot each season for new players, which would give Joe Kinnear around £30M this summer.
It seems that whatever figure Keegan gets will reduce that amount although there is also the transfer fee for Gutierrez, so not sure that has been taken into account. And Joe will also be able to get money for Geremi, Xisco and potentially Alan Smith, to bring in new players too.
It is in the best interests of Newcastle to clear up this case quickly, and for Kevin Keegan it is unlikely he will receive his full 3 year wages after he left, in what at best were controversial circumstances. We hope both sides will be sensible and allow some settlement to be reached quickly.
For the good of Newcastle United, the club, we hope both sides can settle, and settle soon, because we’ve had enough of the circus at Newcastle this season.
The Newcastle club needs a new fresh start with all the many problems of this season put behind us.
Note: We’ve been told that our RSS feed has not been working – so if you’d like to get the automatic feed for the blog click here.