Source: Daily_Mail
Shearer's future hanging on £100m deal as Ashley looks to ditch Newcastle
Alan Shearer's future at Newcastle United is in the balance after owner Mike Ashley put the club up for sale for a knockdown £100million.
Ashley admits his two-year reign at St James' Park has been ' catastrophic' and he wants out as soon as possible.
But the most likely potential buyers, a consortium involving alocal businessman and overseas investors, are not certain to appointfans' favourite Shearer and if a deal cannot be struck which satisfiesall sides' demands, Newcastle could yet find themselves in tug of warwith bitter rivals Sunderland over Wigan manager Steve Bruce.
Ashley is so eager to get out of football that he is prepared to accept £100m for a club who cost him £134m to buy and with another £110m in paying down debt and other expenditure.
The sportswear tycoon, under whom the club have lurched from crisis to crisis and farce to farce, said: 'It has been catastrophic for everybody. I've lost my money and I've made terrible decisions. Now I want to sell as soon as I can . . . advisers will be appointed shortly.'
