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Ashley offers Shearer £50 million transfer budget

Newcastle United owner Mike Ashley has decided to risk it all, by offering temporary manager Alan Shearer a four-year-deal, and a summer spending limit of £50 million, reports The Observer.

The Toon suffered a fateful defeat at the hands of Chelsea on Saturday, and Shearer was quick to point out to the boss that there was little he could do, given the players at his disposal were below-standard.

Ashley and Managing Director Derek Llambias then sat down with a summer plan, and a new contract for the Magpies legend.

Shearer, 38, however was quick to dismiss the offer, and reportedly stated, 'We'll see at the end of the season.'

If the interim manager does indeed agree to join the Toon revolution, then Ashley is said to be ready to release as much as £50 million in transfers for the summer alone, with whatever is recouped from player sales also remaining in a separate account for January buys - provided Newcastle United stay in the Barclays Premier League.




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The Journalist

Writer: Mehzeb Chowdhury Mail feedback, articles or suggestions

Date:Monday April 6 2009

Time: 7:10AM

Your Comments

the words Ashley and spend £50m have and will never be seen in the same sentence ! I dont believe this Observer article.
geordie_mark
the words Ashley and spend £50m have and will never be seen in the same sentence ! I dont believe this Observer article.
geordie_mark
This is not The Mirror, or The Daily Mail... its The Observer. I tend to take them seriously.
Mehzeb
This is not The Mirror, or The Daily Mail... its The Observer. I tend to take them seriously.
Mehzeb
Alan Shearer has no managerial experience. Why give him all that money it smacks of deperation. Come on Newcastle Get someone with more experienced to steady the ship.
radge21
Alan Shearer has no managerial experience. Why give him all that money it smacks of deperation. Come on Newcastle Get someone with more experienced to steady the ship.
radge21
 

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