Shearer will have just £10m kitty if he stays at Newcastle next season

18 April 2009 21:22
Alan Shearer will be handed a transfer budget of just £10million ifhe decides to stay on as manager of Newcastle United after his stint intemporary charge finishes at the end of the season. [LNB]The club's financial plight will force the former Gallowgate hero tochoose between using his heart or his head when deciding whether tocontinue.[LNB][LNB] A raw deal: Shearer will have limited cash to buy new players[LNB] Newcastle Utd FC: All the latest news from across the webSpurs star Jermaine Jenas hopes time doesn't run out on his old Newcastle team-mate Alan ShearerAlthough publicly Shearer insists nothing has been decided, a source underlined the task awaiting whoever fills the St James' Park job next season. [LNB]Shearer said: 'There are still people working for those particular targets. I think it would be wrong of the club not to do that. [LNB]'I'm sure we'll put our ideas across and see what happens. But that part of the club is still working.' [LNB]Multi-millionaire owner Mike Ashley is hoping to persuade Shearer to stay on but is unwilling to pour any more substantial funds into the club he would still sell if the right offer came along. [LNB]Newcastle shelled out an astonishing multi-million pound to land Argentina central defender Fabricio Coloccini and £14.5m for Kevin Nolan's transfer fee and contract when he moved from Bolton. [LNB]Shearer's attempt to edge the club away from relegation faces a stiff challenge at Tottenham today. [LNB]But they will travel with an improving dressing-room morale, according to the new boss.[LNB]Backing: Mike Ashley has full confidence in Shearer[LNB] 'I think it was pretty despondent when we came in and understandably so,' he said. 'Morale wasn't great. [LNB]'But I think, particularly with last week's result at Stoke City, there's been a belief and a bit of confidence that we can get ourselves out of the mess we're in, which is pleasing to see. We take confidence from both games and we'll approach the Spurs game in much the way we did Stoke, and go out and try to win it. [LNB]'We have to have everyone pulling in the same direction and everyone on board. [LNB]'We want them to be happy and enjoy themselves around the place and get results, because that's all that matters. [LNB]'I'm under huge pressure but I'm really enjoying it. It's still hard work. I'm definitely getting a buzz out of it, without a doubt. [LNB]'The hours are getting longer if anything, but I've got no complaints. I'm looking forward to getting up first thing in the morning and coming into the office to see what challenges await you. [LNB]'I've never criticised managers because it's a very difficult job. I've got great respect for whoever does it. It's a tough job.'[LNB] Newcastle Utd FC: All the latest news from across the webSpurs star Jermaine Jenas hopes time doesn't run out on his old Newcastle team-mate Alan Shearer[LNB] [LNB]  

Source: Daily_Mail