Source: Telegraph
Newcastle United to offer Alan Shearer fouryear deal to stay as manager
Newcastle United v MiddlesbroughKick-off: Mon May 11, 8.00pm, St James' Park, NewcastleTV: Setanta Sports 1Radio: BBC Radio 5 Live [LNB]Ashley's board of directors are now ready to draw up a deal estimated to be worth £3 million a year with the club privately acknowledging that his predecessor will not return to Tyneside.[LNB] Related ArticlesOwen poised for recallKay: Barton needs to grow upShearer faced with 'colossal' challengeMike Ashley must not repeat Kevin Keegan mistakes with Alan ShearerSteve Bruce would love to manage Newcastle if Joe Kinnear does not returnFormer Newcastle players and staff on whats gone wrong at the Premier League clubThe sports retail tycoon, who appointed Shearer on an interim basis last month following Joe Kinnear's triple heart bypass operation, is convinced he remains the solution to Newcastle's problems. [LNB]That is despite the club remaining on the brink of relegation following his five matches in charge, which have yielded just two points.[LNB]Shearer, a managerial novice, has hinted to friends that he would relish the challenge of staying on to reinvigorate the club and has accepted that he will have to operate with a severely restricted budget even if Newcastle stay up.[LNB]Ashley failed to sell the club earlier this season when fans turned on the 'Cockney Mafia' following Kevin Keegan's sudden resignation as manager after he lost a power struggle with the board over transfer policy.[LNB]Shearer, 38, would be placed in total control of comings and goings at the club but it is understood he would have just £10 million to spend on new players in the summer, which would be drastically reduced if the club slide into the Championship.[LNB]Installing the former Newcastle and England captain in the manager's office will also make the club a more attractive proposition to potential buyers.[LNB]Shearer has repeatedly insisted he is enjoying the role despite the poor results but will not allow the Ashley regime to use him to pacify supporters dismayed at the club's decline since he bought the club almost two years ago.[LNB]For now, Shearer is focusing on the club's fight against relegation and the progress on saturday of their fellow strugglers ahead of the crunch clash with Middlesbrough on Monday.[LNB]"I won't be going to a game because we're training on Saturday morning and in the afternoon I'll be sat with the Teletext watching the results come through like everyone else," Shearer said. "I won't be going to walk the dog, either.[LNB]"We'll be sat on Saturday there with fingers crossed and relying on a team or two to do us a favour. Psychologically it'd be fantastic if we were three points behind. Wwe're hoping and praying that Bolton and Stoke can do us a favour." [LNB]
