STEVE BRUCE could be removed as manager with an £8MILLION pay-off from Newcastle's new owners.
That is according to the Daily Mail, who report that Bruce could be gone this week before the Amanda Staveley led-consortium's first game in charge of the Magpies after their £300m takeover.
The Toon's new owners fear the 60-year-old manager's presence will have a negative impact on the celebratory mood at St James' Park, which is expected to be sold out on Sunday against Tottenham.
The Manchester United legend's assistant Graeme Jones is set to be placed in temporary charge until a full-time replacement is found.
Now Bruce is in line for a major pay-off or around £8million, that will officially end his turbulent two-year stint in charge.
A number of famous bosses have been touted with the top job at Newcastle, such as Zinedine Zidane and Antonio Conte.
However, Staveley is said to have created a shortlist that includes the likes of former Borussia Dortmund manager Lucien Favre, Rangers head coach Steven Gerrard, Leicester's Brendan Rodgers and Brighton's Graham Potter.
Finding a replacement in the dugout is a top priority but the club's new bigwigs still have other important matters to attend to.
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They need to find a new chief executive and sporting director before pressing ahead with recruitment plans in the January transfer window.
Newcastle are currently second to last in the Premier League table with zero wins and four losses in seven matches.
Despite the new owners, the Magpies could still be set for a relegation battle before the big money starts flowing in but the mood gives a different impression.
The Toon are now officially the world's richest football club having surpassed Manchester City.
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