Chairman faces hefty fee if he wants to change managers.
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Newcastle United face a hefty fee of £10 million if they want to replace Alan Pardew at the club, according to the Daily Mail.
Pardew was rewarded for a fine season last year by penning a bumper new deal last September that will run until 2020 that amazingly has no break clause or minimum severance agreement installed.
That means that should club owner Mike Ashley want to replace the 51-year-old manager he would have to buy out the entirety of his £1.5 million a year deal.
The deal does work both ways, though, and if a club decided to try and poach Pardew then they would have to pay £10 million to secure his services.
It is a unique position to be in, especially when his current performance is factored in to the equation. Newcastle currently sit just one place and three points above the relegation zone as they head into their final two games of the season against OPR and Arsenal – and they remain in very real danger of slipping through the trap door.
It’s a far cry from last season that sat the Toon Army finish in fifth place and qualifying for the Europa League, but injuries and poor form, as well as an influx of too many big money stars arriving at the same time has taken its toll on the club.