Bookmakers have slashed odds on Newcastle to be relegated ahead of the 2019/2020 Premier League season following Rafa Benitez's decision not to extend his contract at the club.
Bookmakers Slash Odds On Newcastle Relegation
Many Newcastle fans were hit with the harsh reality of relegation for the forthcoming season, after it was announced on Monday that Rafa Benitez was to depart Newcastle after 3 seasons with the Magpies. It’s clear to anyone how much this man is idolised on Tyneside, after consecutive seasons of over achieving with a very below par squad and the lowest transfer budget in the League.
The bookies have taken this news by storm and slashed the odds on Newcastle to be relegated for the 19/20 season. Before the news broke you could find Newcastle at roughly 7/1 to be relegated, which soon crashed into 7/2 with most bookmakers. Paddy Power were up to their PR tricks when announcing roughly 20 minutes after the news broke that they would be paying out on the relegation market before the season has even begun.
There is no questioning Rafa Benitez time at Newcastle was hugely successful, probably one of very few things all football fans can actually agree on. Having a negative net transfer spend over his 3 seasons makes it even more impressive that he managed to keep Newcastle up, especially against some of the bank rolls the Premier League currently has.
Mourinho currently leads the market at best odds of 6/1 with Unibet, although if the situation at Newcastle stays as bleak as it is currently, it’s difficult to see why a 2x champions league winner would want to take charge of a club like this, and secondly how they would afford his wages. The next few front runners are David Moyes, Mikel Arteta, Gary Monk and Avram Grant all sit under 10/1.
After starting June expecting a takeover to become one of the richest teams in the League, and instead losing one of if not the best manager they’ve ever had, it really is a sad time to be a Newcastle fan.