Rescinded Red

Oh the media monkeys and their junket junkies will invite you to their plastic pantomime. Throw their invites away.

Newcastle Not So Shrewd With Owen Negotiations

michael-owen-5-31-08Newcastle want Michael Owen to stay, nixing a chance for the Champions League or more flattering environs in England.  The club brass devised a fiendish ploy to keep him, offering him a twenty-five percent pay cut.

The club offered Owen a three-year contract extension worth £80,000 per week.  His current contract pays him an estimated £105,000 per week.

Newcastle have an unstable ownership situation, an unstable manager and cannot guarantee they will remain in the Premier League next season.  Even in rosier times, Newcastle isn’t a swanky destination.

Michael Owen is no longer a £100,000 per week player.  A club likely will pay him £80,000 per week next year.  That club could be Champions League clubs, such as Liverpool and Chelsea.  It could be a brink club, such as Everton, Aston Villa or Manchester City. 

Why would he take a pay cut to fair market value to stay at Newcastle?  If anything, Newcastle should pay a premium for him to stay.

That offer is either incomprehensively stupid from Newcastle or a ruse to deceive the fans they aren’t resigned to his loss.

Advertisements

Filed under: Football, Premier League, Soccer, ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: