Premier League Tribunal Retires To Consider Judgement


A  very short statement has been issued by the Newcastle club today.

nufc-crest

The Newcastle United statement reads:

“The Premier League tribunal considering Kevin Keegan’s departure from the Club in September 2008 has today retired to consider its judgment.”

“The Club will be making no further comment at this time”

We don’t know how long the Tribunal will need to reach a judgement, but the sooner the better for the club.

However, it appears the soonest a judgement will come is next week.

Newcastle United could be required to pay as much as £10M to Kevin, even though he was employed at the club for just 8 months on £3M/year.

In a statement from the League Managers Association (LMA), who have been representing Keegan, chief executive Richard Bevan said this afternoon:

“Having heard the evidence from both sides, the panel has reserved judgement, and there will be no further comment on the process until they have published their findings.”

The three panel members have spent a full two weeks hearing the evidence in Keegan’s case for constructive dismissal, which the former manager launched following his departure from St James’ Park a little more than a year ago.

The year since Keegan left the club for a second time, has been the worst in the long and famous history of the Magpies, and culminated in the club being relegated in late May.



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44 comments so far

  • DJG

    Sep 25, 2009 at 4:40 PM

    Comment #1

    Another pointless waste of our time statement from Ashley.

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  • Graeme

    Sep 25, 2009 at 4:45 PM

    Comment #2

    MA must be a worried man, if thats the best they can come up with!!!

    His pigeons are coming home to roost and his idiotic management of NUFC may yet cost him a lot more than he bargained for!!!

    MA isnt fit to be in charge of an electric toothbrush, let alone NUFC. How he became a billionaire, I just dont know – most are very astute people; Ashley gives off the impression he is just clueless!!!

    Takes all sorts I guess lol. The sooner its over, the better.

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  • listie

    Sep 25, 2009 at 4:52 PM

    Comment #3

    If the case was clear cut as KK said it would be when hi “emails” came out, the decision would have been today, it was always meant to be today. So in my head that means that it is not obvious who is solely to blame, which could and I stress could end up being good for the club.

    I have read the posts form the KK haters and the ones from the MA haters, but I look at it that if KK milks the club for as much as he can, which sadly by the sounds of it he is, the club will fold. As much as I was a KK fan i’m a bigger NUFC supporter and the club comes before KK and MA, so the best outcome for the club is what I want.

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  • workyticket

    Sep 25, 2009 at 5:01 PM

    Comment #4

    It could still go to the High Court on appeal, so it may not be quite over yet.

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  • MacToon

    Sep 25, 2009 at 5:07 PM

    Comment #5

    I thought both parties had agreed to adhere to this verdict whatever the result.

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  • Filthy Malcolm

    Sep 25, 2009 at 5:19 PM

    Comment #6

    The result HAS ALREADY BEEN DECIDED according to the LMA.
    Its just that nobody is releasing the verdict as yet for whatever reason

    http://www.leaguemanagers.com/news/news-6418.html

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  • DJG

    Sep 25, 2009 at 5:22 PM

    Comment #7

    ————————–Harper——————–
    S.Taylor–Khizanishvili–Coloccini–Enrique
    R.Taylor—–Smith——-Nolan——-Geremi
    —————–Ranger–Harewood————-

    Bit short of options in midfield so I think we should just hoof it up to Harewood . Ranger to break his duck tomorrow 😉

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  • chuck

    Sep 25, 2009 at 5:24 PM

    Comment #8

    It`s a sorry mess, has been since MA took over.
    I believe he arrived in good faith, with a belief he could run the club efficiently, by copying the Arsenal management system (buying and developing young talented players) as opposed to paying over the top for star players.
    It may have worked only for his choices of General managers, plus the fact that Arsene Wenger runs things at Arsenal reporting only to the general manager, with no one between to confuse the issue.
    Hiring Keegan and instituting a director of football , plus the scouting decisions brought a level of confusion where no one knew what the hell was going on, Chaos existed.
    The rest is history, one bad decision following another.
    What began as a promising start to a new ownership, changing to a modern business plan based on a successful system employed by a top four PL club, combined with a system used by many continental clubs, turned instead into a chaotic mess, simply through hiring the wrong people to implement it, unbelievable !

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  • toon4lyf

    Sep 25, 2009 at 5:26 PM

    Comment #9

    is anyone going to the game tomorrow

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  • toon4lyf

    Sep 25, 2009 at 5:30 PM

    Comment #10

    if you are where you sitting

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  • sirjasontoon

    Sep 25, 2009 at 5:35 PM

    Comment #11

    I think they just want fat boy to stew in his own juices for a little while longer….and I think he deserves all he gets.

    If it means we can’t buy any more players so be it…it will just be business as usual with Mike and His muppets at the club…I mean FFS he hasn’t even appointed a permanent manager in how long?

    Bozo of the Highest order and the sooner he get’s out of our club the better.

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  • will die for the toon army

    Sep 25, 2009 at 5:38 PM

    Comment #12

    NUFC will win this is our season.

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  • batty

    Sep 25, 2009 at 5:40 PM

    Comment #13

    ASHLEY OOT

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  • will die for the toon army

    Sep 25, 2009 at 5:48 PM

    Comment #14

    MA OUT but we dont change the policy he had in mind to produce our own

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  • AndyNUFC

    Sep 25, 2009 at 6:14 PM

    Comment #15

    Produce our own? Our best youth players were ones bought in by Dennis Wise! Ranger and Vuckic were Wise signings.

    The bloke did a decent job for us, he was just a victim of where he was from, the job title, confusion about what it meant and to be frank our fans.

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  • Bigbadbob

    Sep 25, 2009 at 6:17 PM

    Comment #16

    My hatred of this regime is well documented however, i would like to see the tribunal do the decent thing and as a compromise, find Keegans case proved in principle but only award him the amount of 2m which was the agreed severance amount should he quit or be sacked.
    I was hoping for closure today so the sale could go through but once again we are left in limbo.
    Lets hope we get a good result tomorrow and make up for the Peterborough game, talking of which, they have released a DVD for sale of the game to celebrate, they really need to get out more.

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  • jokerkinnear

    Sep 25, 2009 at 6:30 PM

    Comment #17

    AndyNUFC // Sep 25, 2009 at 6:14 PM

    Produce our own? Our best youth players were ones bought in by Dennis Wise! Ranger and Vuckic were Wise signings.

    The bloke did a decent job for us, he was just a victim of where he was from, the job title, confusion about what it meant and to be frank our fans.
    <<<<< decent job my arse xsico gonzales

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  • will die for the toon army

    Sep 25, 2009 at 6:49 PM

    Comment #18

    We never get out of the news. I dont know how that jst keeps following us.

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  • Big Dave

    Sep 25, 2009 at 7:02 PM

    Comment #19

    jokerkinnear How goes it buddie your right about xsico + gonzales

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  • Toonmania

    Sep 25, 2009 at 7:05 PM

    Comment #20

    there seems to be more truth to this administration rumour than meets the eye, lets face it ashley should have had a good idea if he would win/lose the case long before now, possably as long as 6 months ago and he should have been making reservations for the possability of losing the case for a long time, if we do go into administration then it will only be down to ashley lack of incompetance and nobody else. let face it it the same as having a large bill that you know will be coming up in the future but when it does come saying sorry i can’t pay as i haven’t any money DOH!!

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  • BlacknWhite Barmy

    Sep 25, 2009 at 7:06 PM

    Comment #21

    The latest threat by arsely that 9M payout will force the club into administration !!. If thats what it takes to ge trid of the muppet so be it – we wont get promoted this year as the squad is far too lean, thanks to Arsely and co sitting on their hands. Also the administrators will be able to sell the club as a going concern – alot cheaper than the 100M apparently on the table now

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  • doofa the loofa

    Sep 25, 2009 at 7:10 PM

    Comment #22

    not many can beat ma as he’s so rich. fair play kk. take some cash off the tight arsed bar steward. and no ed, it isnt from nufc, not really, just off the asking price. nothing changes but kk gets some cash and ma gets a bit less, no problem there…

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  • doofa the loofa

    Sep 25, 2009 at 7:12 PM

    Comment #23

    only 2 peeps are upset bout kk gettin paid and ed harrison and his love child aka spunky punk will have to live with it…

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  • BlacknWhite Barmy

    Sep 25, 2009 at 7:31 PM

    Comment #24

    bit harsh doofa – Im sure Eds just trying to put all perspectives. But Im with you – money for KK means less for MA

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  • toonsy

    Sep 25, 2009 at 7:36 PM

    Comment #25

    I hope it does send us into administration, MA will only get about 10p in the pound for the club then!

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  • punk skunk...

    Sep 25, 2009 at 7:36 PM

    Comment #26

    I’ll live!..
    …It’s only money!..

    🙂

    …May the righteous prevail!..

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  • Stuart79

    Sep 25, 2009 at 7:38 PM

    Comment #27

    Bring on administration I say!

    I am happy to be docked ten points if it means getting rid of this prick!

    It’ll be a great buy for someone wealthy. They would probably get lock, stock and barrell for about £50m!

    Bring it on…

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  • Dan4Toon

    Sep 25, 2009 at 7:39 PM

    Comment #28

    Yeah am going to the game tomorrow, going with back page 🙂

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  • Stuart79

    Sep 25, 2009 at 7:49 PM

    Comment #29

    According to the Chronicle the club and KK both signed a mutual contract stating that if he got sacked they would pay him £2m and if he walked he would pay them £2m.

    It’s been reported that they have both agreed to accept the tribunal decision also.

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  • ziad

    Sep 25, 2009 at 7:49 PM

    Comment #30

    This is all waste of time if u ask me. lets concentrate on the game 2moro. I hope we play with 2 strikers But with chrisy in charge I doubt it. My preferred squad:
    Harper
    S.Taylor Zurab Colo Enrique
    R.TaYlor Smith nolan Geremi
    Harewood Carrol

    Toon to win 0-1

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  • magpie6699

    Sep 25, 2009 at 8:00 PM

    Comment #31

    I don’t get this bit – people on here saying that if we end up with a large payout to Keegan it’ll just come off the asking price for the club. Why? If I am selling something and you take money away from me OR my business, why should I drop my asking price OR accept a lower offer if I don’t have to?
    Why should it affect the club’s assets – except for spending cash? Also, to go into administration, wouldn’t MA have to prove that the club had no other options available?
    I’ve said it before – I’m unimpressed with all those business “experts” who quote chapter and verse about finance, business, economics etc. – they probably have MBAs coming out of their ears and yet come up with diametrically (cor! big word) opposite conclusions! Just makes all the business science and theory sound like so much hogwash – and that nobody really understands it! GRRRRRR!

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  • laurent32

    Sep 25, 2009 at 8:35 PM

    Comment #32

    i agree with magpie6699 in regards to administration. theres no way MA would put the club into admin as he would end up getting nowt. even if kk gets the full 10m i think MA will still hold out for the full 100m and the 10m will come out of his pocket.

    also my preffered team for 2moro:

    Harper
    sTaylor Zurab Colo Enrique
    rTaylor Smith Nolan Lovenkrands
    Ranger Carrol

    Harewood to get a good 30 mins if we need a goal.

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  • Ketsbaia

    Sep 25, 2009 at 10:14 PM

    Comment #33

    magpie 66 – you are correct

    All of these people who keep writing that any payout to KK will just come off the asking price of the club and out of Ashley’s pocket don’t have a clue what they are talking about.

    As long as Ashley is the majority owner of the club, he absolutely can dictate whatever price he would choose to accept to sell the club.

    He has put 250m into the club and while he clearly is listening to the fans and trying to get the hell out, he would obviously want to get something back and so far he has stated that this is 100m.

    He could therefore just as easily decide that if KK gets 25m from the club to add it to the asking price so that he does not incur additional losses and raise the price to 125m

    There most likely would be no takers at that price but technically he can do what he likes.

    I think that the only thing that is certain is that whatever happens it will further delay the sale of the club and that any settlement will ultimately hurt the clubs finances and ultimately the fans.

    I work in mergers and acquisitions so I know how the process works.

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  • jokerkinnear

    Sep 25, 2009 at 10:32 PM

    Comment #34

    ketsbia stop talking shite

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  • Big Dave

    Sep 25, 2009 at 10:47 PM

    Comment #35

    Ketsbaia you forgot to add the £100 – 150mill interest free loan that he wants back

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  • pondering

    Sep 25, 2009 at 10:51 PM

    Comment #36

    79 @ 29 – do 1

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  • magpie6699

    Sep 25, 2009 at 10:52 PM

    Comment #37

    Ketsbaia – thanks – that makes more sense to me – in a worrying sort of way.

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  • Big Dave

    Sep 25, 2009 at 10:54 PM

    Comment #38

    hhhhhhhhhhmmmmmmmmmm 😉

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  • stuart no9

    Sep 26, 2009 at 12:02 AM

    Comment #39

    nice to see most people on this blog are in support of kk coming out on top against fat trash, it looked like kk was losing a lot of votes in the toon last week ,for fighting against something he believes in,whatever kk feels, im sure the last thing he would want is for the fans to suffer any more, he loves the club ,he loves the fans ,he just hates incompetant fat know alls who take him for a f……g idiot

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  • Ketsbaia

    Sep 26, 2009 at 12:02 AM

    Comment #40

    Joker – not sure which bit of what I wrote you think is shite.

    What any sale comes down to is valuation which is what both the seller and potential acquirors with the help of their advisors will spend the bulk of their time coming to a conclusion on. Once they have both decided upon an acceptable range they negotiate with each other and try and get a deal done that works for both parties.

    Ashley’s biggest error (I’m talking only in terms of the sale process not everything else he has cocked up in relation to the club) was throwing all of his toys out of his pram and publicly announcing that the club was up for sale and he wanted to get it done quickly. This gives all of the negotating power to potential buyers and there was no need to do this. I can’t think of any other owner who announced that they were selling a club and look at the number of Premiereship clubs that have been sold with the announcement of the sale being the first that anyone heard about it.

    By throwing out 100m as a number which in this market would appear way too high anyway, it would appear that he was giving buyers a starting point to negotiate down from.

    Buyers would then do their due diligence and identify other reasons why to further push down the price: uncertainty over future payments that they may have to make, e.g. KK or future installments of transfer fees.

    Negotations can take months and sometimes never result in a sale happening which is what I am afraid of here.

    All I’m stating is that this ongoing saga cannot be doing anything other than holding up the sale of the club. In a worst case scenario, I fear that a big payout could push the value of the club so low that Ashley may decide it’s not worth selling anymore. I don’t even want to think about what he would then choose to do but I doubt very much that it would involve additional investment.

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