The club’s record goalscorer believes tomorrow’s game against Bournemouth is a ‘must-win’ if they are to avoid falling into the Championship.
Shearer was in caretaker charge when Newcastle were last relegated in 2009, and fears the club could fall through the trapdoor for a second time under Mike Ashley’s stewardship.
They lost a sixth successive away fixture in the league on Wednesday night and have managed a paltry seven goals in 14 fixtures on the road – a statistic that Shearer believes epitomises their struggles.
“It’s not looking too good at all,” the 45-year-old added of the Magpies’ predicament.
“Seven goals away from home all season is the worst in any league and when that happens you don’t really deserve to be anywhere but near the bottom.
“They’ve got one hell of a fight on their hands. I think they have to win Saturday’s game at home to Bournemouth; it’s a must-win.”
At the other end, Shearer has backed unfancied title contenders Leicester as they try to follow his old club Blackburn in upsetting the established order.
“I’ve been in this situation with Blackburn in 1995 and nerves do come into it, but Leicester are looking very good at the minute,” he added.
“They’re three points clear and it’s been another great week for them.
“Whatever happens with Leicester, it’s been an amazing season for them.”