It now seems fairly clear what is currently happening with the Newcastle bid for Arda Turan.
Arda Turan – will Newcastle raise their bid?
Newcastle are in the negotiating stage, and haven’t yet submitted any formal offer, but right now are willing to pay â‚¬11M (euro), which is Â£8.8M for the Turkish star.
We know that Galatasaray are in Â£45M debt (UK pounds), and obviously want as much as they can get for their best player.
Also, the Galatasary fans are not at all happy about the club selling their best player, and if the club do sell, it will have to be because they get a really good price for him.
Their President Adnan Polat has told Newcastle today they can sign Arda Turan right now, but only if they meet the Turkish club’s evaluation of around â‚¬16M (euro – which is around Â£12.8M), for the player.
This is the statement made by Plot today:
“We have not received an official offer,”
“But if Newcastle were to make an offer like this (16M Euros), I would let Arda go.”
We’ll have to be careful of the transfer prices during the summer, because most of the clubs from the continent will have their fees quoted in euro. Today’s conversion rate is 1 Euro = 0.7945 pounds – so let’s say it’s a 0.8 conversion rate. (So â‚¬16M is Â£16*0.8=Â£12.8M)
That still leaves Newcastle around Â£4.2m short of Galatasaray’s asking price and the reports in Turkey also suggest there are a number of German clubs in for the player.
We would hope Newcastle would now table an increased offer. Seems like we should split the difference, and bid â‚¬11M + â‚¬2.25M=â‚¬13.25M and bid that formally.
That would be around Â£10.6M, and throw in some black pudding with the bid. 😀
These figures have been quoted in the Turkish newspapers, and verified to us by some of our readers in Turkey.
We suppose the next move is on the Newcastle side.
All we can say is he’s a really good player, and if we sign him we can watch all the Turkey games in Euro 2008, with Emre and Turan both involved. 😀
What do you think?
PS – The Newcastle United Blog will be prepared to come up with the black pudding.