With the players due back for pre-season training next Wednesday, Shearer still does not know whether he will be sitting in the manager's office when they arrive at the club's Darsley Park training headquarters.
Shearer has been updated on the situation by managing director Derek Llambias this week, but suggestions that he had been called to a meeting with Llambias and current owner Mike Ashley in London on Friday were wide of the mark.
Despite what we read, there are as yet no formal offers on the table!
The two leading contenders have not put any offer to NUFC, and the intentions of the other two are unknown.