Newcastle United are set to axe boss Steve Bruce just days after becoming the wealthiest club in the Premier League following their £305m takeover deal.
The Magpies' new owner, Saudi crown prince Mohammed bin Salman, is worth a staggering £320bn – making him ten times wealthier than Manchester City chief Sheikh Mansour. He owns 80% of the club, whilst businesswoman Amanda Staveley, who helped broker the deal, owns 10 per cent with property tycoons David and Simon Reuben owning the final 10 per cent.
The club is set for a complete overhaul following the mega-money deal which finally ended Mike Ashley's miserable reign.
And the new regime aren't set to hang about when it comes to dumping unpopular manager Bruce.
The Newcastle head coach has overseen a horrific start to the Premier League season, with the club currently slumped in the relegation zone in 19th spot.
Bruce has been crucified by the terraces for months as his dream job at his boyhood club has slowly descended into a nightmare.
According to The Daily Mail, the club's new owners recognise that Bruce being in charge for their first game in charge against Spurs next week would have a hugely negative impact – leaving them with little choice but to act.
The ex-Sunderland boss is set for an £8m windfall once the axe finally falls on him.
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Newcastle's new hierarchy are keen to appoint a boss with Premier League experience. Leicester City boss Brendan Rodgers is one of the early names in the frame, although whether the club could lure him to Tyneside remains to be seen.
The report goes on to state Rafael Benetiz would have been installed had the original deal not been delayed, while Rangers boss and ex-Liverpool icon Steven Gerrard is keeping an intrigued eye on happenings at St James Park.
They also state that the club have sounded out legends Alan Shearer and Kevin Keegan over potential roles, thought to be ambassadorial, off the pitch following Ashley's departure.
When quizzed on his future following the deal's confirmation, Bruce was brutally honest and appeared to confirm he expected the sack.
"I'm happy for the club that this has gone through. It's a great night for the fans, I'm delighted for them," Bruce told Sky Sports News.
"I want to continue (as manager) but I have to be realistic. I'm not stupid and aware what could happen with new owners.
"I don't have any plans to speak to Amanda that I'm aware of."
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New co-owner Staveley insisted that no decisions had been made over Bruce and his position yet.
"I did speak to the manager and say hello and introduce ourselves. We look forward to speaking to him over the next few days. There's an international break so I think everybody is just relieved to have some rest before the Tottenham game."
Asked about Bruce's future, she said: "We're very supportive of Steve and we've spoken to him. What we're going to do is not talk about managers or what big signings we can make. We're going to do a review right through the football operations, of the commercial side as well, and come back and make some decisions."
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