Steve Bruce would receive a hefty £ 8million if he is sacked by the new owners of Newcastle following the club takeover.
According to The Telegraph, Bruce could even be knocked out before the next Magpies Premier League, as the club look to get their new regime off to a good start.
Bruce could be sacked as Newcastle boss now that buyout is complete
Newcastle are now 80% owned by Saudi Arabia’s Public Investment Fund (PIF) after a buyout deal struck 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 that has drifted for much of the past 14 years under former incumbent Mike Ashley and attempt to get it back on track .
Bruce’s sacking is apparently imminent, with the manager himself hinting at an exit after the takeover was confirmed.
The Telegraph claim the club’s new owner is looking to make the switch early, and assistant manager Graeme Jones could be in charge of Newcastle’s next Premier League home game against Tottenham next Sunday.
This game would be Bruce’s 1000th of his managerial career, but he might be gone before he has the chance to score this achievement as the boss of his hometown club.
Disgruntled Newcastle fans have made their wish come true after seeing the back of unpopular owner Mike Ashley – will Bruce be next?
However, Geordie’s boss will be reassured that he will receive a significant payout if his turbulent two-year tenure in charge comes to an end, with the report suggesting fees of around £ 8million would be due in compensation.
Newcastle are also on the lookout for a new sporting director and Ralf Ragnick, who is currently sports and development director for Russian Premier League club FC Lokomotiv Moscow, would be the number one choice.
The German, who also served as a sporting director at Leipzig and Red Bull Salzburg, had been a target for Manchester United in 2019 after sacking Jose Mourinho.
He was also considered by Chelsea after sacking Frank Lampard in January this year, but the Blues have instead hired fellow German Thomas Tuchel.
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Rangnick has been in high demand in football throughout his career
Newcastle are said to be one of the many clubs impressed with the work Potter has done at Brighton
Brighton boss Graham Potter has become a favorite to replace Bruce.
Reports claim that former Inter Milan, Chelsea and Juventus boss Antonio Conte has pulled out of the race, with the club eyeing Graham Potter of Brighton instead.
Potter has seen his reputation increase massively this season, bringing the Seagulls to sixth in the standings, and they have conceded just five goals.
The former Swansea manager has brought Brighton into the 21st century, with a modern style of play and player transfers, making the club a regular among the elite.
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