Shearer may get job before Magpies sale

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Managing director Derek Llambias has revealed that the 38-year-old could be appointed within days provided that the groups currently engaged in the bidding process for the club all agree they want him as boss.

Llambias told the Journal: "There could be some movement regarding Alan Shearer at the end of this week or early next week."

Interested parties who have proved they have the finance to push a deal through will be able to study the club's books from Wednesday, when an on-line "data room" opens.

Although a successful buy-out could then still be some weeks away as they carry out due diligence, Shearer could be put in place to belatedly start the business of preparing for the new season.

"We will not be making any decision on Alan as manager - that is not up to us, that is down to the groups who are buying the club," added Llambias.

"If they want to appoint him, then it's up to them. We will speak to them about it. If they do want Alan, then something could be done in the next few days.

"That's where we are at this stage and everything is ongoing."

He added: "The data room will be open on Wednesday, which will allow the groups who have proved they have the money to buy the club to look at the books.

"Nobody has been able to do that yet because the data room hasn't been opened."