A puzzling fee in Sheffield Wednesday’s latest set of accounts could indicate the amount Mike Ashley spent to bring Steve Bruce to Newcastle.
It is posited that the ‘Confidential Compensation Package’ totalling an ‘eye-watering’ £6,475,000 was paid by Newcastle to the South Yorkshire club to take Bruce to St James’ Park, reports The Shield Gazette.
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The fee – which would also include compensation for assistants Steve Agnew and Stephen Clemence – would be higher than any amount received by Wednesday for the sale of a player.
Dr Dan Plumley, a football finance expert at Sheffield Hallam University, told the Sheffield Star on ‘Confidential Compensation Packages’: “Usually it’s linked to the early termination of contracts. More often than not, when you see higher numbers in this it’s a player or a managerial contract.
“We obviously don’t know the full details, as it is stated, it’s confidential. But normally these things are related to contractual obligations for players or managers.”
Bruce is currently under huge pressure following reports of his cowardice and a run of poor results leaving them just one point clear of the drop zone.
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