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Price To Get Rid Of Pardew - 105million!

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23 Jun 2013 12:39:02

Price To Get Rid Of Pardew - 105million!

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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