Archive for tag: Mike Ashley offers Newcastle players pay cut.

Ashley to further tighten Toon wallet?

March 11th, 2010 | 72 Comments |

Player's wages locked somewhere safe?
Player's wages locked somewhere safe?
A rather disturbing allegation has emerged from today’s Daily Mirror which claims that owner Mike Ashley is dangling the carrot of a pay-cut in front of the players should they win promotion to the Premier League. Usually it works the other way round, where players get either a bonus or pay rise for helping the club reach the Premier League and the riches it contains but it seems that this won’t be the case at Newcastle United.

Now you’ll forgive my scepticism as the Mirror has hardly been the last bastion of truth, but this rumour does seem to fit in with Ashley’s vision of how to run a football club, and we all know he is great at doing that!

If your ‘sarcasm meter’ blew up because of that last sentence then I apologise, but it shoudn’t detract from how potentially damaging this story could be whether it be truth or pure fabrication. Aimed at stars such as Kevin Nolan, Alan Smith, Jonas Gutierrez and Fabricio Coloccini the deal that is being offered is apparently an extension to their current deal but with no extra cash, so they will still be getting the same money from the contract just over a longer period of time. (more…)