This whole story is in the News Of The World – so we don’t know how much truth there is in their report today on Shearer almost walking out on Newcastle last week.
Alan Shearer – could still be appointed later this week
They say that with Ashley now seemingly more than desperate to get out of St James’ Park, Alan Shearer’s appointment will only be confirmed if a new financial structure is approved by the club’s bankers this week.
But they are saying a provisional agreement is in place for Shearer and his assistant Iain Dowie to both sign four-year contracts.
However, Newcastle’s bankers have insisted Ashley puts a new business plan in place, before they approve anything and that will include a staggering 50% reduction in Newcastle’s £40M overdraft, and a complete overhaul of a pay structure that has been allowed to spiral completely out of control.
Of the £74M wage bill – just for the players – we learn that 15 are on £50K a week and of them 7 are on £70K/week – if we say we are very annoyed at those figures – it’s an understatement.
Ashley is now said to be continuing talks with the club’s financiers this coming week, so there will be a number of rooms burning in the Newcastle mansion, if this is not all done at warp speed.
But we are being told that Shearer and Dowie were prepared to walk away from St James’ Park last week after an initial breakdown in talks – but we stress this is the NOTW – and this story could be made up – after all it is a Sunday.
Ashley said he was unable to provide any funds for players and the managerial duo said they could not do the job under those circumstances, but it seems that within hours Ashley returned to the talks after changing his mind and said he would give them a transfer kitty of up to £20M.
But many of the disgraced players would need to be moved out and we think those certainly include Owen – who is out of contract and players like Viduka, Owen, Cacapa, Coloccini and others – who are not worth their wages – not even close.
And news about the older Liverpool players wanting the club to bring back Owen?
Benetiz has shown he has little sentimentality in football, he just wants to win. And the way the Spanish manager handled Robbie Keane showed that, so if he signed Michael – we’d be very surprised – and for Owen – he would be on the bench every week – well at least on those weeks he’s fit.
Hardly a way to get back into the England side, which we’re sure is still on his mind.
When is the film of this Newcastle meltdown of this season going to be made?
Ashley must have realized he was in the last chance saloon at Newcastle with Shearer, and it seems this last week has all been too much and he wants out – and quickly.
The sale of designated players will now form part of the business plan rightly required by the bankers, and Managing Director Derek Llambias will conduct a series of meetings with both lawyers and financiers this week, with a deadline of this coming Friday to reach agreement.
But if that is true then we hope somebody somewhere (Shearer, Dowie?) is looking after the Newcastle store.
Somebody needs to be working on the multiple tasks that need to be completed – like which players will be announced as up for sale, and who they want to bring in during the summer.
We must have something moving forward his coming week – like real work being done in preparation for next season, which will be upon us before we even know it.