The Alan Shearer statue was always meant to be on the premises of St James' Park with the £250,000 sculpture a gift from chairman Freddy Shepherd.
The former Toon chief also presented the legendary striker with his own bar at the stadium before Mike Ashley hauled off the signs and sanctioned a "marketing decision" to rebrand the bar as "Nine".
With Newcastle City Council already submitting a planning application to have the statue moved Shearer is expected to be placed close to the Sir Bobby Robson statue at St James' Park.
