Football

Newcastle administration fears

Published Add your comment

Football News
24/7

Newcastle owner Mike Ashley could be forced to put the club into administration if former boss Kevin Keegan wins a massive compensation pay-out.

Press Association Sport understands some at the club fear Keegan could be awarded far in excess of the £9million which has been reported if he successfully argues his case.

That would have major financial implications for the cash-strapped club, with administration the most stark of a range of options.

Keegan's claim for constructive dismissal, which is being heard by a Premier League independent arbitration panel, is expected to reach a conclusion on Friday.

Should Ashley choose administration, the Magpies would lose 10 Coca-Cola Championship points, a penalty which would undermine their efforts to drag themselves back into the Barclays Premier League at the first attempt.

It is just over a year since Keegan left St James' Park for the second time as manager amid a furious bust-up over the club's transfer policy.

His departure came following the deadline day arrivals of striker Xisco and loan signing Ignacio Gonzalez, both allegedly without his knowledge.

His case is understood to rest on his claims that his position had become untenable, while Newcastle's defence is that he was fully aware of the way the recruitment set-up would work under Dennis Wise, then executive director (football), and that he walked out on his contract.

The two parties met in an attempt to find a solution days later, but were unable to do so, and arbitration talks since have also proved unsuccessful.

Copyright (c) PA Sport 2009, All Rights Reserved.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: http://gms.to/writeforgms

Topics:
Football
Championship
Premier League
Newcastle United
Kevin Keegan

Article Comments

Report author of article

Please let us know if you believe this article is in violation of our editorial policy, please only report articles for one of the following reasons.

Report author

DISCLAIMER

This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of GiveMeSport.com or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. GiveMeSport.com and SportsNewMedia do not take any responsibility for the content of its contributors.

Want more content like this?

Like our GiveMeSport Facebook Page and you will get this directly to you.

Already Subscribed to Facebook, don't ask me again

Follow GiveMeSport on Twitter and you will get this directly to you.

Already Following, don't ask me again

Like our GiveMeSport Page and you will get this directly to you.

Already Subscribed to G+, don't ask me again