Newcastle managing director Derek Llambias has launched a dismissive attack on Alan Shearer following the Magpies legend's criticism of the club for the sale of Andy Carroll.
Carroll's departure to Liverpool for £35 million has divided opinion on Tyneside, with some feeling it is good business and others questioning the decision to sell a player of such potential.
Shearer suggested it was a "staggering" decision, given no-one was brought in to replace Carroll, but Llambias has rubbished Shearer's statement.
"Do I care what Alan Shearer has to say?" Llambias told The Sun. "When he ran this football club [in 2009] we were relegated after picking up just five points from his eight games in charge."
Magpies owner Mike Ashley has been called on to invest the money in the squad in the summer and Llambias has told fans to keep the faith.
"Mike Ashley has only ever put money into this football club," Llambias said. "He has never taken a single penny out. And he won't take a single penny of this £35m either - all the money will go to the club and we are already working on identifying transfer targets for the summer."