Tottenham Hotspur to net £12.5million if Pochettino joins Newcastle
PCP Capital Partners, backed by the Public Investment Fund of Saudi Arabia, are closing in on a £300million takeover of the Magpies. The deal is now subject to to the Premier League ratifying their agreement.
According to the report, the prospective new owners are keen to replace current manager Steve Bruce with the former Tottenham boss. If it does come to pass, he could make an estimated £19million-a-year, making him one of the best-paid managers in the world.
The Argentine left us midway through this season after five years at the helm. He was paid a mammoth £12.5million in compensation, under the caveat that any club wishing to employ him within six months would have to repay Spurs that same amount.
Considering that he left last November, the condition will expire at the end of this month. Given that Pochettino eventually joins a club, it will suit us well.
Given that the club is going to be one of the worst-hit by the lockdown, Spurs are bracing for the loss of a pair of NFL games that are due to be played at the new stadium. The release of next season’s NFL fixture list is expected to confirm it in a setback that will cost the club in excess of £4million.
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The Argentine has not yet indicated whether he would be willing to take the Newcastle job. He is keen to work again and despite continuing to hold a soft spot for Spurs, the 48-year-old would have no qualms about managing another Premier League side. Whether it is Newcastle or not remains to be seen.