Coloccini Ready To Buy Out Contract To Join Newcastle

Sky Sports News is reporting that Fabricio Coloccini’s agent has stated that the Deportivo defender may unilaterally cancel his contract with the club, and walk out to join Newcastle United unless a deal can be struck shortly.


Fabricio Coloccini – threatening to buy out contract

The Argentine central defender’s agent Marcelo Lombilla has been infuriated by the Deportivo club’s antics over a bid from Newcastle United, after they raised their asking price, once a seemingly acceptable offer had been made by the Tyneside club.

According to the Argentinian’s agent Lombilla, Depor wanted €12M (about £9.6M) and the agent informed Newcastle who then lodged a bid of exactly that amount.

However, the Spanish club’s valuation then rose to €14M (about £11.2M).  These are different specific figures than we reported earlier this morning.

Marcelo Lombilla told AS today:

“(Depor president Augusto) Lendoiro needs to come and say what he means.”

“One day he says a million will be enough, but you know that means a million and a half, for sure,”

“For Coloccini is awful that he may miss out on the contract of his life.”

If no deal can be reached in the next few days, Lombilla believes the player will be left with no choice but to invoke Article 17 (Webster) of FIFA’s transfer regulations and walk out.

If we were Deportivo we would take that seriously, because Newcastle have already gone that way with another Argentine International – Jonas Gutierrez – whom they got for peanuts from his former club, Real Mallorca, and everything was legal and above board.

So the club is very well versed in that law, and have already gone through the process once – for practice!

Lombilla continued:

“We do not want to do that, but they are pushing us very close to the edge,”

Coloccini has been left out of the club’s trip to Venezuela in order to stay behind and sort out his future, and a deal could now be sealed shortly.

Deportivo manager Miguel Ángel Lotina was said to be infuriated the club would allow the defender to leave, but there’s not much the club can do about it now, since it looks like Fabricio is desperate to join Newcastle United, and has set his heart on the move.

The coach has since received assurances that he will be able to spend the transfer fee on new players, and was seemingly a little less upset when he realized that:

“There are various players that we could look at, but the ones we like most do not play in Spain,”

“We have a few ideas, but we will have to wait and see if Coloccini’s move is confirmed or not first.”

We think this deal will go through, and probably sooner rather than later, otherwise look for Newcastle to go down the Article 17 path, and essentially get the player for paying off the remainder of his contract.

We understand the contract has 3 years left to run, and we’d be surprised if it was even £5M, to pay it off – which is about half the current fee. Newcastle may already be pursuing that track, for all we know, and that would certainly teach Deportivo a lesson, and save newcastle some big money.

Once Deportivo runs the numbers, even they will see it is best to sell – and sell now.

This seems a brilliant move by Newcastle and the player, who appears to be determined to arrive on Tyneside, and we’re sure he’s already in touch with his Argentine team-mate Jonas Gutierrez, who is already at the Newcastle club – and loving it.     😀

Lets’ see now – who else is in  the Argentine team?

Comments welcome.

97 comments so far


    Jul 29, 2008 at 11:48 AM

    Comment #1

    Lets hope this goes through but until i see him in a newcastle top i am not going to pin my hopes on it!i still havent quite recovered from the last disapointment.

  • michael

    Jul 29, 2008 at 11:50 AM

    Comment #2

    So why is the fee of 12 million euros even on the table if Newcastle can buy out his contract for him? Is this a loyalty to Deportivo?
    The other worry is whether he is actually any good? I have never seen him play. Is he the first choice Argentine centre half?

  • davey

    Jul 29, 2008 at 11:51 AM

    Comment #3

    go on son. walk away from the w%$kers

  • AndyNUFC

    Jul 29, 2008 at 11:51 AM

    Comment #4

    Just goes to show what happens when you’re greedy like that. This article 17 sounds rather frightening tbh.

  • Capt Darlin

    Jul 29, 2008 at 11:52 AM

    Comment #5

    If this is to be believed it appears there is actually a player out there who does want to come to us….. Id rather have a team of players like him, gutherie etc rather than so called big names with inflated fees and wages who are the first off the pitch come the final whistle. Let s hope it goes through

  • Geordie Nick

    Jul 29, 2008 at 11:53 AM

    Comment #6

    michael- probably a loyalty to depor, also he has to give his club 14 days notice so it wud take at least another 2 weeks, and possibly because of the complications we have had getting jonas’ registration through using atricle17 we may want to go with a str8 forward transfer frm depor for ease and quickness

  • Ashton

    Jul 29, 2008 at 11:55 AM

    Comment #7

    I would love another webster 🙂

  • King Habib

    Jul 29, 2008 at 11:56 AM

    Comment #8

    The guy is top, top draw. One of the players of the season in La Liga last year, and in April or May both Barca and Madrid were close to his signature. If we pull this off I will be both astounded and delighted.

  • Chris_toon

    Jul 29, 2008 at 11:57 AM

    Comment #9

    I quite like his agent tbh he seems quite keen to get this deal go through – he might be doin all this just for a big wage from the deal but he seems not bad lol 🙂

  • HalftimeBovril

    Jul 29, 2008 at 11:57 AM

    Comment #10

    @ Aston

    What position does this webster play? Why haven’t any of the top four been linked with him?


  • JOeT

    Jul 29, 2008 at 11:59 AM

    Comment #11

    Id love another WEBSTER aswell ‘ashton’…….haha

  • robertsa

    Jul 29, 2008 at 12:00 PM

    Comment #12

    get in there thats mint news

  • Ashton

    Jul 29, 2008 at 12:00 PM

    Comment #13


    There is no good agents imo they are all greedy *** i hate them

  • Ericles

    Jul 29, 2008 at 12:01 PM

    Comment #14

    If NUFC want him that badly then do something about it. Too many cooks in our transfer kitchen. Why cannot transfer targets be left to KK, Hughton, Cox and McDermott? Contracts can be left to the lawyers and Wise and his office boys. There’s an awful muddle here somewhere and we risk losing out once again.

  • The Second Coming

    Jul 29, 2008 at 12:02 PM

    Comment #15

    Latest from the Northern Echo:

    “The Spanish media claim that a £7.1m fee has been agreed with Deportivo la Coruna for the centre-back, with talks over personal terms well under way.

    Coloccini, 26, joined Deportivo from AC Milan in 2004 and has made almost 100 appearances for the La Liga club. The stumbling block appears to be Newcastle’s reluctance to pay the fee up front. ”

    I don’t know it’s validity but it’s new!

  • chuck

    Jul 29, 2008 at 12:04 PM

    Comment #16

    A big strong talented defender wth experience, could be KK`s. new Albert, just coming into his prime as a player.
    Like to have a teamfull of “Argentinos”.

  • lynz

    Jul 29, 2008 at 12:04 PM

    Comment #17

    I cant help but feel this deal is money driven, his agent hasnt denied that fact!! does he really want to join for footballing reasons?? i really do hope so.

  • Bosck

    Jul 29, 2008 at 12:07 PM

    Comment #18

    The second coming – not sure i believe that seeing as his agent has actually come out and said newcastle were willing to pay it all upfront but the deportivo president then upped the price.

  • valle

    Jul 29, 2008 at 12:08 PM

    Comment #19

    Ed… As i wrote yesterday. the player has to give Depor 15 days of notice to invoke article 17… A lot of things can happen in 15 days, and when he is available on such a low fee other clubs might join the hunt.

  • Worjackie

    Jul 29, 2008 at 12:10 PM

    Comment #20

    Up until now, the new regeme including Keegan have played their cards close to their chest. Who new about the Gutierrez or Guthrie signing before it was anounced on the official site? I’ll beleive this when I see it for real. Its a change from all of the unfounded trash of the past. – beleiving the papers will lead to your

  • sirjasontoon

    Jul 29, 2008 at 12:10 PM

    Comment #21

    This deal seems so close now..i want it wrapped up as it is hurting my head.

    This guy clearly wants to join us and i like his attitude almost as much as his flowing curls, can’t wait to see him in black and white with a matching alice band : )

  • Gooderz

    Jul 29, 2008 at 12:11 PM

    Comment #22

    This new transfer system we have is great; playing hardball with clubs instead of folding to their demands. Although it’s obviously infuriating over small discrepancies between our offer and a club’s asking price.

    I also love that picture of Coloccini because it makes him look like that strange art critic person in Ghostbusters 2.

  • AndyNUFC

    Jul 29, 2008 at 12:12 PM

    Comment #23

    Basically from what i’ve read from the situation, Coloccini and his agent are eager to leave, Deportivo have asked his agent to get us to hike up the money offered. However, now that we’ve increased the offer to what they originally wanted, they want more.

    Now, for such greed and lies Coloccini should just say “bugger yas!” and buy out the rest of his contract, which of course, Newcastle will pay for. Coloccini gets higher wages, Newcastle pay less, Deportivo get nothing. Everyone’s happy! Well, apart from Deportivo 🙂

  • Bosck

    Jul 29, 2008 at 12:13 PM

    Comment #24

    valle, he could well have given them notice a few days ago that if they didnt accept the bid then they would buy out the contract. does not necessarily have to be 15 days from now.

  • Ben

    Jul 29, 2008 at 12:15 PM

    Comment #25

    There are extended versions of the agent’s quotes, however, which suggest that Newcastle are offering very good money in terms of a contract, which is why Coloccini is so desperate to move. Disappointing if this was true.

  • Midjew

    Jul 29, 2008 at 12:17 PM

    Comment #26

    I think a Websters would be VERY good as it would free up a few Million which could be used to bring another player.

  • Matt

    Jul 29, 2008 at 12:19 PM

    Comment #27

    Ericles // Jul 29, 2008 at 12:01

    If NUFC want him that badly then do something about it. Too many cooks in our transfer kitchen. Why cannot transfer targets be left to KK, Hughton, Cox and McDermott? Contracts can be left to the lawyers and Wise and his office boys. There’s an awful muddle here somewhere and we risk losing out once again.


    Is this a joke?

  • Darryl

    Jul 29, 2008 at 12:21 PM

    Comment #29

    Why does he want to come here so desperately, missing out on the contract of his life? whats that about? Are we paying him loads or something?

  • The Second Coming

    Jul 29, 2008 at 12:21 PM

    Comment #30

    Article 17 states that 14 days notice is needed to invoke the termination of contract.

    Here’s a forum article from Deportivo’s main forum discussing article 17 and how to use it from FEBRUARY:

    Talk about irony!

  • Gunnar / Iceland

    Jul 29, 2008 at 12:23 PM

    Comment #31


  • The Second Coming

    Jul 29, 2008 at 12:27 PM

    Comment #32

    And now Coloccini’s agent’s trying to use Newcastle to try and engineer a new contract for him at Deportivo:
    “As a consequence I hope they will have the sense to call us to sign a new deal and to offer Fabricio what he has lost, it would be right.”
    (From Setanta interview with the agent this morning)

  • Ross G

    Jul 29, 2008 at 12:27 PM

    Comment #33

    Honestly although Article 17 may help us again, I must say I think it should be banned. Coloccini is a good CB and is worth I would say around £7m, we have offered just of £8m which is fair. I know we seem to be very cautious on spending, but I start to worry the likes of N’Zogbia doing this which would be awful, and I feel for Mallorca to an extent over that, but considering they hadnt paid his wages then fair enough. Colocini however has not been treated badly but there reluctance to accept the offer. We can get him, a good LB maybe Warnock/Insua. Then I would like us to get this extra CM either Inler or Manuel Fernandes for me. I would be appeased by this business, I still believe we should have got in more and of better quality but realisticly these are good targets.

  • Ross

    Jul 29, 2008 at 12:30 PM

    Comment #34

    looney toon, positive yes, but i agree with the last person to comment on the article on the setanta page.
    i’d love to have him play for us, but the quotes regarding “contract of a lifetime” and “a player does not feed himself with cups and medals” after retirement makes this seem incredibly financially driven.

  • Ross G

    Jul 29, 2008 at 12:31 PM

    Comment #35


    Some very interesting info, its where all the papers are getting there quotes from etc

  • AndyNUFC

    Jul 29, 2008 at 12:34 PM

    Comment #36

    TSC agents are very crafty, he’s basically saying to Deportivo, “here’s the money Newcastle are going to give us, either match it or let him go”. In the end if we lose this player I will be disappointed but not surprised.

  • Hobs

    Jul 29, 2008 at 12:35 PM

    Comment #37

    I read that depor forum post, and it says:

    “How does a player invoke a breach?

    He must give his club formal notice within 15 days of the last match of his club’s season (domestic or European, whichever comes later) in order to leave that summer.”

    Wouldn’t that mean that he can’t use article 17 until next summer?

  • Ashton

    Jul 29, 2008 at 12:36 PM

    Comment #38

    ” Why cannot transfer targets be left to KK, Hughton, Cox and McDermott ”

    Because we will get f**** up a proper
    f *** up !

    KK don’t know any thing about modern footballers i mean in three yers he never watched a single match ! and McDermott job is just telling jokes
    Hughton is a spuds and as for cox i really don’t know anything about him

  • AndyNUFC

    Jul 29, 2008 at 12:37 PM

    Comment #39

    Ashton, if you can’t trust our coaching staff to buy the players they want to work with then you must be stupid. Just because KK has been “out of the game’ for 3 years doesn’t mean he can’t see a good player does it? Keegan, not Wise or Jimenez, is the only person I really trust to buy players that will help this club progress.

  • Brazilian Geordie

    Jul 29, 2008 at 12:46 PM

    Comment #40

    Hope he won’t break anyone’s leg.


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