Report: Spurs could suffer financial blow if Pochettino lands Newcastle job

Image: SpursWeb

Tottenham Hotspur would miss out on the compensation if Mauricio Pochettino takes over as  Newcastle United boss before the end of the season, the Evening Standard has revealed.

Pochettino has been out of work since late November when he was sacked by Daniel Levy after five and a half years in charge of the North London outfit following a poor start to the campaign.

Amanda Staveley’s PCP Partners and the Saudi Public Investment Fund (PIF) are said to be close to completing a £300 million deal to buy the Magpies (Sky Sports).

The club’s prospective owners have reportedly named a four-man shortlist to take over as manager from Steve Bruce, which includes Pochettino (Eurosport France journalist, Manu Lonjon).

The Evening Standard claim that the Argentine was placed on gardening leave when Spurs relieved him of his duties and the Lilywhites are owed a substantial compensation if he takes a new job within six months.

However, that deadline for that reportedly passes on May 19, two days after the Premier League season was initially scheduled to end.

Spurs are currently said to be paying Pochettino his full £8.5million salary and will continue to do so until he finds a new club.

While Tottenham will be able to get their former manager off their wage bill if he lands the Magpies job, they will not be entitled to compensation if Pochettino is appointed after May 19.

Spurs Web Opinion

I cannot see Newcastle firing Steve Bruce before a single game has been played as he has done a good job this season despite all the criticism he’s received. So, Pochettino will probably have to wait until next season even if he wants the job.

However, I am pretty sure that Levy will be more concerned about taking the Argentine off the club’s wage bill rather than about the compensation.

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