Some potential good news for Newcastle United fans this morning – and this time it’s could be really good news.
Dowie and Shearer – the new long-term leaders at Newcastle?
The Mail-Online is reporting a consortium made up of wealthy local businessmen, and backed by Middle East investors, has asked for due diligence on Newcastle United.
That is really good news and of course they are hoping to get a deal with Mike Ashley for around £90M. We had heard before of a local consortium trying to get money together.
This is from the Mail and we cannot validate whether this is true – but we have to hope it is, becasue it seems exactly what Newcastle fans want and need.
As far as we know Freddy Shepherd is not involved in the consortium in any way.
The good news is that the consortium are reported to have already spoken to Alan Shearer, and want him as the manager at the club. Well, that’s good, and news that his wage demands will not be a problem, and they are expected to be £3M/year.
We always thought it was strange that Ashley balked at the wages (if he indeed did) – because Alan, to compensate, could move more of the high wage earning players out of the club, since we will hardly miss any of them, and most of them deserved to be kicked moved out.
Ashley could have put a wage limit on the squad to compensate for the extra wages being paid to Alan and his staff.
But there’s no doubt too, that those wages are sky high for a Championship manager, untested and with no experience, and expectations with those wages will be very high, but we know Alan being Alan, his own expectations on himself will also be sky high. Nobody will be more motivated than Alan Sheraer if he gets this job.
As we reported yesterday Shearer has gone to Portugal for a short break, and will be back on Monday and he, just like the Newcastle fans, are chomping at the bit to see some action at the club this summer. It’s been two weeks since we were relegated and the club has made no progress on anything, with players not knowing if they are coming or going.
The good news is it seems a number of our transfer targets are only too willing to join Newcastle, and that has raised the mood – just a little – of the Geordie fans as they are still getting to grips with the tragedy and embarrassment of Newcastle being relegated.
The timeline we were told last weekend, was for the books to have been inspected in great detail by Barclay’s, and by yesterday a decision made on whether the plans put in place the week before were seen as viable by the bankers. If they werre then that presumably meant that Alan Shearer would be appointed manager of his home-town club – and hopefully a new era of succes could begin at the club.
But that didn’t happen (surprise, surprise), and it looks like there are two barriers why Mike is not appointing Shearer. His wage demands will be one, and his £20M transfer chest will be another.
But Ashley has already stated he is willing to sell the club at a loss, for around £100M, and we really hope he’s not dithering yet again, on taking that loss – which is huge of course.
We also expect the consortium will come with the up-front transfer funds for Alan, but they must know it is potentially a fantastic deal, because with any luck Newcastle will be back where they belong, in the Premiership within a couple of seasons – if all goes well.
But the consortium will also know, because of the local people involved if nothing else, that time is of the essence, because every day ticking by is another room burned, and is a loss to Newcastle in their preparations and rebuilding for next season.
We should be no mistake about that.
But if we can see Alan appointed fairly quickly – things will immediately pick up, as we reported in our “good news” article yesterday, because we believe he already has quite a few deals stacked up – not to mention his back -room staff coming in.
All he needs now is an owner who understands what he is trying to do, and backs him to the hilt.
Comments always welcome.