Eddie Howe Net Worth, Salary & Estimated Wealth

These days Edward John Frank Howe is most closely associated with Newcastle United, managing the Magpies for over three years and admired in the North-East for transforming their fortunes. 

For a long time before that though he was quite simply Mister Bournemouth.

Across 11 years on the South Coast as a player, and a further 11 in the dug-out, Howe experienced astonishing highs and dispiriting lows with the Cherries, forging a connection with the fans and the club that is rare in football.

He remains loved there for his service and his loyalty.

But life moves on and eventually so did Howe, enduring an injury-plagued period as a player at Portsmouth, and a troublesome season in charge at Burnley. 

On each occasion he returned home, to the familiar environs of Dorset, improving Bournemouth’s circumstances immeasurably.

That narrative ended in November 2021 when the respected coach took on the reins at Newcastle, his outstanding work there ensuring that he is often in the frame when talk turns to a next England manager. 

From growing up in Verwood, a town just ten miles from Dean Court, to establishing himself as one of the most high-profile, best-paid coaches in the Premier League, it has all been quite a journey for a gaffer referred to by some as the ‘English Special One’.

How Much Is Eddie Howe Worth?

Newcastle’s owners are by some considerable distance the richest in the top-flight, so it surprises to learn that Eddie Howe is on £4m a year to head their grand project, a sum that is inferior to Sean Dyche’s salary at Everton to offer up one example. 

It is exactly half the salary Unai Emery receives at Aston Villa.

Still, such a substantial sum is not to be sniffed at, nor is the sizable bonuses that are attached, one of which is triggered when Newcastle secure a top four place. This in 2022/23 gained Howe a cool million pounds on top of his annual income. 

What shouldn’t be under-estimated either is how wealthy the leading coach was prior to joining the North-East giants, bringing in £750,000 a year at Bournemouth over a sustained period.

Then of course, there are his earnings from a playing career that stretched into a second decade to consider.

With most of his playing days spent in the lower divisions we’re not talking vast fortunes here, but it was enough to afford a large house just a few miles away from Sandbanks, one of the most exclusive residential areas in the UK.

By the time Howe took the reins at St James Park he will already have been a millionaire several times over.

These days, a luxury property in the highly desirable Jesmond area of Newcastle is home, an abode shared with his wife Vicki and sons Harry and Rocky.

Interestingly, the house used to belong to Alan Shearer, with Howe unaware of this until he tried to log into Netflix one evening with Shearer’s old account appearing on the screen.

Can Eddie Howe similarly become a legend of these parts? Only time will tell but in the meantime he can be satisfied with a net worth estimated to be north of £12m.

Early Years

Howe was born in Amersham, Buckinghamshire but moved to Dorset aged ten.

Raised by a single mother – who would often stand in as goalkeeper for family kickabouts – his was a childhood that centred on sports, playing football with his two brothers, Dan and Charlie, along with his half-brother Steve Lovell who carved out a professional career as a footballer himself, playing for several clubs, including Portsmouth and Dundee.

Supporting Everton and idolising Gary Lineker as a young boy, Howe’s ambition was to grow up a striker but he was also extremely talented at cricket, scouted by Dorset County Cricket Club when a teen.

Indeed, it reached the point where a decision had to be made between the two pursuits, with football winning out when Bournemouth – his local club – persuaded him to join their youth ranks. 

Having long since abandoned his aspirations to play up front, Howe was by now a highly-promising defender whose positional understanding and calmness under pressure marked him out as a player to watch. 

Playing Career

Howe gained his full debut aged 18, the youngster impressing for the Cherries but alas this was a problematic period for the club, marooned in the third tier and experiencing financial difficulties. Just two seasons into his fledgling career, Bournemouth entered administration. 

If his club was in the mire however, perennial favourites to drop in the sports betting and unable to make any signings, the player’s trajectory was only heading upwards. 

In 1998 he was voted Bournemouth’s Player of the Season and found himself linked to all manner of bigger clubs. That same year he was selected for the England Under 21 squad that participated in the Toulon Tournament.

That Howe never earned full international recognition is a surprise still, and that he stayed on the South Coast, despite Bournemouth’s plight, is to his enormous credit, but in 2002 that changed when Harry Redknapp’s Portsmouth bid £400,000 for the centre-back.

With the Cherries now in the bottom tier and desperate for funds, there really was no other choice but to move.

Unfortunately, a serious knee injury sustained on his debut put paid to any success there, ruling Howe out for 18 long months. He would eventually make only two appearances for Pompey. 

Only then, at his lowest ebb, a remarkable thing happened. 

Aware that he was available for a cut-price £20,000, but with Bournemouth royally skint, the fans began a fund-raising drive that became known as ‘Eddieshare’. The transfer fee was secured within weeks.

Howe managed to eke out a further three campaigns with his hometown club before retiring from the game, aged only 31. 

Manager

Having a long-standing desire to manage, Howe served his dues at Dean Court, working behind the scenes with the youth squad and reserves before being appointed as caretaker boss on New Year’s Eve, 2008. 

This was quite the baptism of fire too, with the club docked 17 points prior to the season due to failing to comply with insolvency rules. It looked for all the world like Bournemouth were destined to fall out of the football league, rooted as they were to the bottom of League Two. 

Yet incredibly the rookie coach worked some magic, engineering enough victories in the latter half of the season to ensure survival and Howe wasn’t done there either.

The following season, despite being tethered by a transfer embargo, the Cherries went up and then, even more miraculously given their wafer-thin squad, secured a play-off spot the year after. This prompted big clubs to circle.

Burnley swooped in 2011, a disastrous appointment that coincided with the sad passing of Howe’s mother, and soon after that the Cherries and their prodigal son were reunited to resume their astonishing rise. 

First came promotion to the Championship, then in 2015 Bournemouth truly defied the football odds by reaching the promised land of the Premier League. Bar a two-season blip, they’ve remained there ever since.

Newcastle called in November 2021, ending nearly a quarter of a century spent on the South Coast and in the North-East, Howe has thrived, taking on a troubled outfit and establishing them as a top six side. 

Granted, a headline-grabbing takeover – and subsequent funding of several big-name players – has helped his cause. But nothing should detract from what Howe has done at St James Park, especially in guiding them to a Champions League spot in 2022/23. 

At times overcoming pressure, Howe has navigated choppy waters and considerable player turnover to establish the Magpies as a top-four contender. 

*Credit for the photo in this article belongs to Alamy*