Shearer Will Seek Assurances From Ashley This Summer

There is a report in The People today from Alan Oliver, the former Evening Chronicle journalist,  that Alan Shearer will seek some assurances from Newcastle United owner Mike Ashley, that  there will be no cost cutting at the club.


Alan Shearer – needs to sit down with Ashley in the summer

 You wonder whether this is true, because in the event of Newcastle being relegated there has to be cost cutting, because the revenues will be less than half of what they were in the Premier League.   Unless Mike Ashley will put another £50M into the club next season, to make up for the loss of Premier League TV revenues, there has to be cost cutting.

That’s not even mentioning the loss of revenues at the gate, so what this story means is hard to tell, other than it’s Sunday again.

The news is that Mike Ashley will offer Alan a £4M/year deal over 4 years, but that was probably predicated on Newcastle staying in the Premier League, and as we’ve said before, what exactly happens if we get relegated is an unknown right now.

But if we do go down there’s no way we will be able to keep Michael Owen, Oba Martins and the other high wage earners at the club, because we just cannot afford them.

The People is reporting that the company that installs installs mini- TVs in the press box at every home game have been told their services will not be needed if Newcastle are relegated, so it seems some decisions on where to cut costs have already been taken.

What really needs to happen is that Mike, Alan and Derek Llambias will have to sit down and discuss the business plan at the end of May, whichever league we are in. If Alan doesn’t like the plan,  and/or cannot get Mike to change it to his liking, he will probably not stay.

But that would be another huge error by Mike Ashley, and he’s simply not that stupid to allow that to happen. We’re sure Mike is impressed with the professional way Alan is going about the job, if not the results we have had so far, and will be anxious to keep Alan long term at the club. It’s in his own interests as well as the Newcastle United club to keep Alan at the helm.

Newcastle had to pay £5.2M to Real Mallorca for Jonas Gutierrez just last month, and are being sued for £8M compensation from former manager Kevin Keegan.

The Jonas fee supposedly had to be paid, but we hardly think Keegan has a good case for £8M, since the Board made it clear they had never sacked him, before Kevin finally walked, for the second time from Newcastle.

His history of walking out at clubs (and England) would hardly be helpful to him in any compensation hearing.

If we stay up, there should be no problem, and it’s only if we go down that Newcastle will have to find some way of reducing costs, unless we want to go into bankruptcy.  It’s simply business 101, but we’ve noticed some football correspondents have no idea of how real-world businesses are actually run.

If we can beat Middlesbrough tomorrow night, a lot of this may become a technicality.

Comments welcome.

10 comments so far

  • workyticket

    May 10, 2009 at 10:05 AM

    Comment #1

    “You wonder whether this is true”

    No. It’s Anal Oliver so it’s almost certainly complete and utter sh*t.

  • Norn Iron Magpie

    May 10, 2009 at 10:11 AM

    Comment #2

    Morning Ed
    Will miss the site when it finishes. Sunday paper talk nothing to get excited about. There has to be something to print about nufc. Bo77ocks or true it dont matter to them. Getting rid off the deadwood is priority im sure wor Al knows that.

  • geordie deb

    May 10, 2009 at 10:21 AM

    Comment #3

    Morning guys
    As predicted noises coming from FFS’s lot in one of the sunday paper’s that he is waiting in the wings to organise a cut-price takeover if Newcastle are relegated. If we needed any more of an incentive to stay up, this has to be it, I would hate to see him anywhere near SJP again – mneygrabbing con man

  • Ericles

    May 10, 2009 at 10:24 AM

    Comment #4

    Whatever happens Ashley needs to reassure the fans as well as Shearer. Up or down Barton is on his way. Up or down Owen is going too. I just do not see him pledging his future to us. Owen keeps us guessing with his “wait and see what happens” Barton probably will be slugging it out at Portsmouth or Bolton. and “I will let you know attitude”. Celtic may be a good move for Owen considering his loss of pace, but my bet is he will be playing in toffees blue next season. We all know who Shearer needs to cull and cut adrift but I very much doubt, knowing his own career, that he will want the likes of Bent. It all depends on Monday. The odds are on a win, we are due one, I just hope our players save their breath for the match and not the media.

  • Ericles

    May 10, 2009 at 10:31 AM

    Comment #5

    If on Monday night our players throw away the gift from Hull on Saturday then we should hang them from the high level bridge. On for 3 points and bugger Boro.

  • workyticket

    May 10, 2009 at 10:34 AM

    Comment #6

    Why would the owner of any team offer a completely inexperienced manager a £16 million pound 4 year contract when we could be relegated to the Championship? This salary would put Shearer in the same league as Wenger, Ferguson, Capello and Benitez. It would be completely insane.

  • Marty-Toon

    May 10, 2009 at 10:51 AM

    Comment #7

    I don`t think it`s that wwe cannot afford the highly paid players next season if we are relegated.
    I think it`s more like we cannot afford to pay big wages to players who don`t perform on the field on a continual basis.
    Wouldn`t be too big a problem if our strikers could score 20 goals or so in the championship to send us back up but the way they are playing i can`t see them scoring 10 between them even in the championship

  • Incognito

    May 11, 2009 at 7:49 AM

    Comment #8

    I might have half considered this story if it wasn’t wrote by Anal Oliver.

  • Tom_Toon

    May 11, 2009 at 11:21 AM

    Comment #9

    There was have to be cost cutting regardless of what league we are in.

    What a load of drivel from Anal.

  • Tom_Toon

    May 11, 2009 at 11:23 AM

    Comment #10

    And about time for the cost cutting too!


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