Newcastle ‘set to pay huge compensation fee to appoint Matthias Jaissle’ after shock Eddie Howe exit

NEWCASTLE will have to pay £9.4million to get manager Matthias Jaissle from Al-Ahli. The German is expected to become the next Toon boss, replacing Eddie Howe. Newcastle will pay nearly £10million to appoint Matthias Jaissle Credit: Shutterstock He is set to replace Eddie Howe in charge Credit: Shutterstock Editorial But he will not come cheap with Fabrizio Romano saying that young coach Jaissle, 38, will cost nearly £10million. That’s almost as much as they sold Mikel Merino for in 2018. Sign up for the Football newsletter Thank you! Former RB Salzburg prodigy Jaissle has spent three years in Saudi Arabia, winning the Asian Champions League in each of the past two seasons. And he is well known to the Newcastle owners, Saudi’s Public Investment Fund (PIF), who are heavily involved in the Pro League and several clubs, including Al-Ahli. Newcastle, who are still yet to officially announce Howe’s shock exit, are already preparing for the next era at St James’ Park. They have agreed to split ways with Howe despite giving him a vote of confidence just months ago. Englishman Howe decided that now was time to jump ship and had made the call to leave prior to Wednesday’s heavy 4-1 friendly defeat at Bristol City. He heads out after five years in charge, with Newcastle working on a new boss over the past few weeks. Most read in Sport SUN VEGAS WELCOME OFFER: GET UP TO £100 BONUS Jaissle is said to have travelled to England already ahead of his unveiling. He will sign a contract until 2030 and could be publicly named as the next manager over the weekend. And the Red Bull graduate will be an expensive hire for Newcastle, who have found themselves in a tricky financial position. They have sold stars Sandro Tonali and Anthony Gordon for over £160million combined this transfer window. Bruno Guimaraes looks set to join Arsenal for over £70million as well. Manchester United are interested in Lewis Hall, with incomings so far falling well short of expectations from the fanbase. EDDIE HOWE'S RECORD AT NEWCASTLE EDDIE HOWE will forever be a Newcastle legend after leading the Toon to their first trophy in 70 years. But that Carabao Cup win, and two Champions League qualifications, weren’t enough to keep everyone happy on Tyneside. Here is Howe’s Newcastle record: Premier League 2021-22 – 11th (19th when he took over) 2022-23 – 4th 2023-24 – 7th 2024-25 – 5th 2025-26 – 12th Trophies won Carabao Cup 2024-25 Comment now