Newcastle United owner Mike Ashley looks to be ready to release the transfer funds needed for the club to rebuild their squad with the fate of current manager Alan Pardew still unknown, Telegraph reports.
Sitting ninth place in the league, the Magpies have had a very rocky season as they failed to make any big name signings after losing Yohan Cabaye to Paris Saint Germain and the fans are now beginning to turn against their manager.
It is also believed that the Newcastle dressing room have lost the respect of Pardew, with the team losing 14 out of their last 19 matches in all competitions as they have failed to put the ball into the back of their opponent’s net in 13 of those games.
His job is now under threat, and their recent 3-0 lost to Arsenal did not do him any favours with Pardew having only two games left to prove his worth to the board as well as the supporters.
Reports from the club announced that their owner will make transfer funds available to whoever is in charge so that they can make the necessary purchases and lead the team out of their recent slump.
Should Pardew be on his way out this summer, managers such as former Manchester United manager David Moyes and Hull City’s Steve Bruce look favourites to succeed the former West Ham boss.