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Price To Get Rid Of Pardew - 105million!
Published : 23 Jun 2013 12:39:02Rss feed
Sunday Mirror Sport reports that Newcastle owner Mike Ashley's Joe Kinnear gamble threatens to cost him £13million.
Sunday Mirror Sport can reveal it will cost Ashley a heavy price to get rid of Alan Pardew and his backroom staff if they cannot successfully work with Kinnear.
"Pardew and three members of his backroom staff – John Carver, Steve Stone and Andy Woodman – were all handed eight-year contracts last summer.
"But the deals do NOT include a break clause or maximum severance agreement – meaning Ashley would have to buy out the trio’s wages in full to get rid of them.
It would cost Ashley roughly £10.5million to sack Pardew alone and around another £2.5million to pay up Carver, Stone and Woodman.
"Ashley had to talk chief scout Graham Carr into staying at Newcastle, following Kinnear’s appointment, although club insiders still fear the 68-year-old could review his position again.
"Carr also has seven years remaining on his contract, worth roughly £1million.
"But he would not be entitled to any compensation if he resigned."
Source: Newcastle United Mad
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