Newcastle are reportedly ready to offer Paulo Fonseca £6million per season to take over at St James’ Park following an impressive round of talks with the Magpies hierarchy this week. The Portuguese tactician was interviewed by the board during a Zoom meeting and co-owner Amanda Staveley was also present to hear Fonseca outline his ideas and philosophy for the vacant hot-seat.
Steve Bruce was finally dismissed on Wednesday, leaving the club by mutual consent.
Newcastle are understood to have paid their former boss £8million to relieve him from his duties after two-and-a-half years in the job.
His assistant Graeme Jones will now take caretaker charge for the Premier League trip to Crystal Palace on Saturday as Newcastle take their time to decide on their next move.
According to The Telegraph, the Magpies are said to be keen on Fonseca and would therefore be willing to offer him £6m per season.
But, whoever is successful will have to immediately dig out results with the current squad at hand.
Traditionally, Fonseca has drilled his sides to play an expansive, attacking brand of football.
That is obviously a stark contrast from the current state of affairs on Tyneside, with Newcastle fighting tooth and nail for every point as they sit nervously in 19th place.
While Fonseca has no experience in the Premier League, he was the man in charge when Roma’s takeover was completed in 2020, so he knows all about expectations from a new hierarchy.
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He was dismissed by Roma at the end of last season by mutual consent as the Serie A club moved to snap up Jose Mourinho following his dismissal at Tottenham.
Newcastle are expected to speak to a whole host of other candidates about the job, too.
Those include Lucien Favre, who came close to taking the Crystal Palace job before Patrick Vieira.
Eddie Howe is also in the running while Steven Gerrard, Frank Lampard and Rudi Garcia continue to be linked in the press.