Steven Gerrard backed to snub stepping stone Newcastle despite £150m transfer budget

Newcastle legend Alan Shearer discusses the club takeover

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Newcastle could replace Steve Bruce with Steven Gerrard as manager after being taken over by Saudi Arabia’s Public Investment Fund.

Saudi Arabia’s Public Investment Fund, fronted by the gulf state’s crown price Mohammed bin Salman, has taken over after purchasing the Magpies for £300m.

And the first order from the new hierarchy looks set to be who will be in the dugout when the Premier League returns next week.

A number of managers have already been linked with a move to St James Park, including Antonio Conte, Eddie Howe and Rafa Benitez.

But one name garnering momentum is Gerrard, who won the Scottish Premiership with Rangers last season without losing a game.

It has seen the former midfielder’s stock rise heavily in the Premier League but a job opening has yet to come up for the 41-year-old.

That is until now, where reports have suggested that Gerrard is somewhat interested in taking over Newcastle after their takeover.

Amanda Staveley, who helped broker the £300m deal, is said to be a big fan of the Liverpool legend while his former teammate Philippe Coutinho could be the first marquee signing at the club.

But ex-Rangers midfielder Charlie Adam has warned Gerrard against moving slightly further down south to move to Newcastle.

Adam told the PLZ Football Show: “The investment is there for Steven Gerrard to go and be Newcastle manager.

“He could go and have £150million to spend. Do I think he’ll go? No, I think he will see out the job he has at Rangers.

“He’s got a good job there, and he knows what he is doing.

“Long-term though, is this (going to Newcastle) the stepping stone to get the Liverpool job? Maybe.

“If there is the right project available any manager will have to look at it.”

The decision to sack Bruce has yet to be made but it is looking increasingly likely, with the former Manchester United defender set to land £8m from compensation.

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