Newcastle United have hinted that there could be imminent news regarding Alan Shearer even if any decision regarding the new manager will have to be approved by the club’s new owners.
The Magpies have been stuck in limbo since their relegation from The Premier League last season as Shearer has yet to be appointed on a permanent basis at a club that has been put up for sale by Mike Ashley.
A number of interested parties are believed to have shown an interest in purchasing the club and, if they prove they have the necessary backing, will be granted access to an online ‘data room’ in order to study the club’s finances.
But if all parties agree that Shearer is the man to take the club forward, then an appointment could be made sooner rather than later, giving The Magpies renewed hope of enjoying sufficient preparation for the start of the Championship season.
"There could be some movement regarding Alan Shearer before the end of this week or early next week,” said Llambias.
"The data room will open on Wednesday, which will allow the groups who have proved they have the money to buy the club to look at the books. Nobody has been able to do that yet because the data room hasn't been opened.
"We will not be making any decision on Alan as manager, that is not up to us, that is down to the groups buying the club. If they want to appoint him, then it's up to them.
"We will speak to them about it. If they do want Alan, then something could be done in the next few days. That is where we are at at this stage and everything is on going."