EX-NEWCASTLE United and England footballer Alan Shearer is still owed more than £230,000 by a former financial adviser he sued, a judge has heard.

The former Southampton, Blackburn and Newcastle striker agreed a confidential settlement with Kevin Neal more than three years ago after claiming he was given “negligent” advice and launching a £9million damages claim.

The settlement agreement was approved by a judge who was due to oversee a trial, in 2017, but lawyers representing Mr Shearer have said he has not been paid what he is owed.

Barrister Robert Avis told a virtual High Court hearing that Shearer is owed about £233,000.

The judge, Master Richard Davison, made an order which will allow Mr Shearer to take money he is owed from a bank account belonging to Mr Neal.

Mr Avis said Mr Neal had not resisted the making of such an order.

In October, Mr Neal had been questioned about his finances at another High Court hearing.

Mr Neal, who described himself as a self-employed business development consultant, had said that under the terms of an order made following the curtailment of the 2017 trial, he owed £200,000.

But he said he could not pay.

A barrister representing Mr Shearer had questioned Mr Neal about his finances and suggested it was “more a question of will not pay” than could not pay.

Mr Shearer, 50, from Newcastle, who is now a football pundit, was not the hearing.

He stopped playing in the top flight more than a decade ago, after making over 600 appearances and winning more than 60 England caps in a career spanning 18 years.

The hearing was the latest in a number staged following the curtailment of the 2017 trial.

A lawyer representing Mr Shearer had announced the settlement shortly before the former footballer was due to give evidence at the trial at the High Court in London.

Lawyers had indicated the case centred on a pension worth around £4 million.

Mr Shearer had complained about investment advice he was given and said he had lost millions of pounds, and he labelled Mr Neal “careless” and “dishonest”.

Mr Neal had disputed the allegations and had told a judge that Mr Shearer’s claims were “driven by pure greed and ego”.

The former footballer had also sued pension specialist Suffolk Life, claiming it breached fiduciary and regulatory duties.

Suffolk Life disputed his claim and that case was also settled.

A Suffolk Life spokeswoman said the case was settled on “mutually satisfactory terms and with no admission of liability”.