Steve Bruce will reportedly receive a major £8million pay off if he is sacked by Newcastle’s new owners following the club’s takeover.
According to The Telegraph, Bruce could even be axed before the Magpies’ next Premier League game, as the club looks to get their new regime off to a good start.
Newcastle are now 80 per cent owned by Saudi Arabia’s Public Investment Fund (PIF) following the completion of a takeover deal on Thursday and are comfortably the richest club in the world.
Figurehead Amanda Staveley and non-executive chairman Yasir Al-Rumayyan will take the wheel of a club which has been drifting for much of the last 14 years under previous incumbent Mike Ashley and attempt to steer it back on course.
The sacking of Bruce is seemingly imminent, with the manager himself hinting at an exit after the takeover was confirmed.
The Telegraph claim the club’s new ownership are looking to make the change early, and assistant manager Graeme Jones could be in charge for Newcastle’s next Premier League match at home to Tottenham next Sunday.
That match would be Bruce’s 1000th of his managerial career, but he could be gone before he gets the chance to mark that achievement as boss of his hometown club.
However, the Geordie boss will take comfort in the fact that he’ll receive a major pay-off if his turbulent two-year stint in charge does come to an end, with the report suggesting a fee of approximately £8m would be due in compensation.
Newcastle are also on the hunt for a new sporting director and Ralf Ragnick, who is currently the manager of sports and development for Russian Premier League club FC Lokomotiv Moscow, is understood to be the number one choice.
The German, who has also been sporting director at both Leipzig and Red Bull Salzburg, had been a target for Manchester United in 2019 after they sacked Jose Mourinho.
He also was considered by Chelsea after they dismissed Frank Lampard in January this year, but the Blues instead hired fellow German Thomas Tuchel.
Brighton boss Graham Potter has emerged as a frontrunner to replace Bruce.
Reports claim out of work former Inter Milan, Chelsea and Juventus boss, Antonio Conte, has ruled himself out of the running, with the club instead eyeing Brighton’s Graham Potter.
Potter has seen his reputation increase massively this season, taking the Seagulls to sixth in the league table, and they’ve only conceded five goals.
The former Swansea manager has brought Brighton into the 21st century, with a modern playing style and player transfers seeing the club become a top-flight regular.
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