The Chronicle has just put out a report on information found in the Times that claim Sheffield Wednesday would require £5m in compensation if he were to leave.
This is part of what is being reported:
Bruce is now Newcastle’s choice to succeed Rafa Benítez. The 58-year-old returned to management in February when he took over at Wednesday and it is understood that a compensation clause of more than £5 million was included in his contract.
The report also confirms the news earlier that Steve Bruce has requested permission to speak to Newcastle.
The Times is reporting that Sheffield Wednesday owner Dejphon Chansiri is reluctant to let Steve Bruce leave for talks with Newcastle.
If this report is true, you would have to believe that Steve Bruce would be unlikely to get the job. We can’t see Mike Ashley spending £5m on a manager when so many are available for nothing.
There were reports yesterday that the fee was only £1m which would have been a bit more palatable for Ashley.
Steve Bruce– stupid compensation fee
With the squad about to leave for China to begin their preseason tour in a couple of days, the club appear to be no closer to finding a successor to Rafa Benitez.
They have had since May 16th to at least get exploratory irons in the fire as Rafa Benitez indicated he would not return back then.
They have failed to do so and we would not be surprised if they are completely taken aback by the amount of Bruce’s compensation fee.
If Steve Bruce does not become the next manager, who will it be?
Taking into account the club’s apparent thought process, it’s looking likely to be someone like David Moyes, Garry Monk, Martin O’Neill, or Tim Sherwood.
Or it could be Neil Redfearn or Ben Dawson who are almost certain to take the team to China on Saturday. There is no way Lee Charnley will accomplish his task of getting a manager in place by then.
How he still has a job after all of his pitfalls is truly scary.