Having recently lost 6-1 to Leyton Orient in a pre season friendly, Newcastle United have recently been hit by yet another wave of criticism as the club’s future remains uncertain.
Questions such as, who will be managing the side come 8th August along with who will own the club, are both unanswered questions. Former player and boss Alan Shearer said of the situation, “I am in limbo, I don’t know what is going on”. Shearer is 3/20 favourite to be the next permanent Newcastle boss which seems fairly short when listening to his recent remarks. Elsewhere Kevin Keegan is evens whilst current interim manager Chris Hughton is 6/4.
The team’s price to be relegated has been pushed in from 26/1 to 16/1 after the Magpies lost 6-1 to Leyton Orient on Saturday. The heavy defeat came after an embarrassing brawl, which involved 20 players, during a friendly against Huddersfield earlier in the week. The 16/1, however, still looks to hold value as the price on betfair has now fallen below 10/1.
Another equally surprising, but not quite as valuable, price is the top priced 7/4 for Newcastle to be promoted next season. This seems to be appalling value, the club are still paying out huge wages to a number of players. The turmoil at the club has meant that very few of these players have been sold and therefore the majority of Newcastle’s parachute payments will be spent on wages and not on adapting to the Championship. It seems you would have to be crazy to fancy Newcastle’s chances of being promoted next season.
Elsewhere however, the 9/4 on Middlesbrough bouncing back into the Premiership seems to be a far safer bet than backing their North East rivals. Whilst Ipswich, with Roy Keane at the helm, should be battling it out for promotion this season and are 3/1 to book themselves a place in the top flight for 2010. It does seem, however, that on Tyneside the pessimist at 16/1 is in a far better position than the optimist at 7/4.