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Shearer back on Tyneside without any Newcastle meetings scheduled

There are no planned talks this week between Alan Shearer and Newcastle United.

The Evening Chronicle says Shearer will arrive back on Tyneside from a short break in Portugal with his future at St James's Park shrouded in doubt.

And there is no meeting in place with either Mike Ashley or managing-director Derek Llambias as talks over the manager's post have ground to a standstill.

Mike Ashley today slapped a £100m price tag on the ailing Magpies - but it is unclear whether any potential bidders will have to get to grips with debts or an overdraft understood to be £40m.

While an astronomical wage bill that stood at £74m at the end of the season is also a major cause for concern.

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