Alan Pardew is firm favourite for Newcastle job
Newcastle owner Mike Ashley was today continuing his efforts to land a new manager under a veil of secrecy.
Alan Pardew remained the hot favourite to replace the sacked Chris Hughton as discussions, which began in earnest yesterday, resumed with a view to an appointment by the end of the week.
Support for Pardew increased when it emerged that Martin Jol's resignation from his job at Ajax was purely coincidental with the Dutchman also being linked with former club Hamburg.
The former Reading, West Ham, Charlton and Southampton boss was being quoted as a 1/4 to land the job by Ladbrokes this morning with Alan Curbishley a distant second at 7/1 and former Chelsea number two Ray Wilkins the big mover at 8/1.
But what is clear is that whoever replaces Hughton will have to work under similar financial restrictions to those with which the former Republic of Ireland international had to deal during his time at the helm.
He was one of the lowest-paid managers in the Barclays Premier League and was told in the immediate aftermath of promotion from the Coca-Cola Championship last summer that there would be no additional capital outlay on new signings.
Hughton was able to recruit the likes of Ivory Coast international Cheik Tiote, defenders James Perch and Sol Campbell, Dan Gosling and loan signing Hatem Ben Arfa, but all on a budget.
His successor may fare a little better, but Ashley is determined to reach the stage where a club which was debt-ridden when he bought it is self-sufficient sooner rather than later, and the retention of its Barclays Premier League status is key to that process.
Latest in Sport
Raheem Sterling to Manchester City: Winger to report for Liverpool training on Monday but Reds braced for third City bid this week
Women's World Cup 2015: England secure third place as they beat Germany in extra time with penalty by Fara Williams
Angel Di Maria and Marcos Rojo could miss Manchester United's crucial Champions League play-off due to Copa America run
PornHub begs users to stop uploading video clips of Brazil getting beaten 7-1
Nick Kyrgios fans show their support by smearing Vegemite and Nutella on their faces amid Wimbledon run
- 1 BBC told new political editor must be 'impartial' with Nick Robinson reportedly stepping down
- 2 Number of young homeless people in Britain is 'more than three times the official figures'
- 3 Humans of New York image of crying gay teen receives best response yet from Ellen DeGeneres
- 4 The map showing the most dangerous tourist destinations in Europe, according to the Foreign Office
- 5 Swedish minister gives strongest case yet on why EU should stop turning away asylum seekers
More Britons believe that multiculturalism makes the country worse - not better, says poll
Nathan Collier: Montana man inspired by same-sex marriage ruling requests right to wed two wives
Greece crisis: IMF was pushed around by Angela Merkel and Nicholas Sarkozy – and now it is being humiliated
Forget little green men – aliens will look like humans, says Cambridge University evolution expert
Girl, 7, stares down hate preacher at Ohio festival with pro-LGBT rainbow flag gesture
Osborne to cap family benefits at £23,000 – announced ahead of his post-election Budget