Kevin Phillips urged Newcastle United to stick with Steve Bruce post-takeover and insisted British managers do not get “a fair crack” in the Premier League.
The former England international, speaking exclusively to Football Insider correspondent Dylan Childs, claimed the likes of Rafael Benitez and Maxi Allegri would get more to spend that Steve Bruce on transfers.
The PCP Partners, a Saudi-backed consortium, is in the latter stages of a £300million takeover from Mike Ashley.
The Premier League is currently ratifying the relevant paperwork and a deal is expected to be completed in the next fortnight.
As revealed by Football Insider, the prospective new owners have plans to appoint a “world-beater” manager as well as invest £200million into the club’s recruitment and infrastructure.
When asked by Football Insider if British managers are afforded the same opportunities as their foreign counterparts, Phillips said: “I do not think English managers get a fair crack.
“I know David Moyes got a few quid at Manchester United but that is Manchester United.
“I would like to see Steve finish the season and get given another season with some financial backing. Enough of a purse so he can add players and make the squad capable of challenging.
“These guys have got as much money as the guys who own Manchester City and United but whether he will be given the amount of money to really strengthen the squad remains to be seen.
“You would suggest that if it was Benitez or Allegri they would get more money to spend than what our English managers do. It is not right.”
According to ESPN, Mauricio Pochettino is the prospective new owners’ first-choice with Allegri, Benitez and Lucien Favre also under consideration.
Bruce still has two years remaining on his contract at St. James’ Park having replaced Benitez last summer.
In other Newcastle United news, Michael Brown has told Football Insider Magpies must heed warning from Villa and West Ham.