More Details On The Newcastle Deportivo Deal For Colocccini

It looks like the Radio Cadena Ser reports last night were correct, and that Newcastle and Deportivo have finally agreed a deal for Argentine International, Fabricio Colccini.


Fabricio Coloccini – deal agreed between two clubs

We had reported yesterday morning that Deportivo’s President Lendoiro had decided to travel to Venezuela today, and if the Deportivo Executive left without a closed deal for the defender, there would be a delay.

And of course last night we issued the news that was being reported by Spanish Radio Cadena Ser, that deal had in fact been reached between the clubs.

It turns out that Newcastle United and Deportivo had been negotiating face to face for the transfer of Fabricio Coloccini since Thursday night, and on Friday both clubs agreed the terms of the deal.

There is still no official confirmation, but it is now being reported the deal is for Deportivo to receive €11.5M (£9.2M), plus €2.5M (£2M) for incentives that are achieved.

Yesterday we reported Deportivo were holding out for €12.5M (£10.0M) plus €2.5M (£2M)for incentives – so it looks like they came down €1M (£0.6M) in the base price and €0.5M (£0.4M) in the incentives.

The initial price is £10M which could rise to £12M if Newcastle achieve certain objectives – like winning something?

Depor Sport informed in its Friday report, that their President Lendoiro and an official from Newcastle United (Dennis Wise?) were negotiating the deal since Thursday’s evening.

On Friday night, reporter Gonzalo Soto from Radio Galega issued the news that the negotiations were already completed, and that’s the report we put out last night after our 1-0 defeat against Hertha Berlin.

Although we held it back for over 4 hours, waiting for other news channels to report it, but they didn’t.

Payment of the incentives will depend on two things, Newcastle’s results and the individual performance of the Argentine.

Gonzalo Soto also reported the terms of the payment would be €6M in cash (£4.8M) and €5.5M to be paid in one year (£4.4M).

Then it turns out that 15% of the transfer fee will be divided between the player and his agent, and it will be paid by Newcastle.

No wonder his agent Marcelo Lombillo was so keen to get the deal done – and we thought it was for the good of the player. 😀

In greater detail the report from Radio Galega says that Deportivo are now waiting for an official confirmation coming from Newcastle United in order to announce the transfer.

We have also heard that if the deal goes through, the Argentinean defender will travel on Monday in take hos medical with his new club.

Seems like the next step is to keep looking at the Newcastle United web site and hope we get confirmation that this is the case sometime this morning.

It also corresponds to Kevin saying yesterday that he hoped to announce a big signing within 24 hours.

We’re so pleased it seems we have Coloccini wrapped up.
Comments welcome.

91 comments so far

  • davey

    Aug 2, 2008 at 9:29 AM

    Comment #1

    about time. now get 3 more in cos last night we were shit.

  • Kaler

    Aug 2, 2008 at 9:31 AM

    Comment #2

    Get in!!! About to leave for work, this has made my day.

  • CraigThaiToon

    Aug 2, 2008 at 9:32 AM

    Comment #3

    when he’s in a toon top on i’ll relax until then ill keep my fingers crossed thank u very much

  • andy

    Aug 2, 2008 at 9:32 AM

    Comment #4

    now, where can the lad get a hair cut?

  • steve

    Aug 2, 2008 at 9:36 AM

    Comment #5

    very good news, bout time we splashed the cash, however after last night it is still clear that we need something different in the middle, and that we cant start the season with smith and shola up front so a striker is now a must

  • Matt

    Aug 2, 2008 at 9:39 AM

    Comment #6

    Sky Sports broke the news he’s signed a 5 year deal according to Marca. SS then rung Newcastle and they’ve said the deal isn’t complete but talk are in an advanced stage with the player.

    I’m assuming that means he’s as good as signed but Newcastle want the glory of revealing it?

  • kenny g

    Aug 2, 2008 at 9:40 AM

    Comment #7

    ed, your maths is shocking 😆

  • Alex

    Aug 2, 2008 at 9:43 AM

    Comment #8

    Best defensive signing in years and it should now shut those people up that keep saying Ashely is tight fisted . Now for a CF & AM

  • perry

    Aug 2, 2008 at 9:46 AM

    Comment #9

    great sighning !
    shame we couldnt have bagged pablo !
    great news martins is back what a character ,
    we will need him come the first game of the season , im not to worried about the stricker situation it seems martins and owen will both be fit for the opener , but we still need a left back shorey ? i dont think we should pay over the top for warnock
    fingers crossed we get a few more throught the door in the coming week !

  • hitman

    Aug 2, 2008 at 9:47 AM

    Comment #10

    great news,next is arda we are in talks but the sticking point is were offering 8.5 mill but they want 10.

  • filthy mag

    Aug 2, 2008 at 9:49 AM

    Comment #11

    He will be a welcome addition but we still need a creative midfielder. I thought we were lack lustre last night. There was no flair and we looked really flat. You can tell our key strikers were not in action. Was Smith actually on the pitch?

  • filthy mag

    Aug 2, 2008 at 9:50 AM

    Comment #12

    Duffers showed more promise than last season I thought.

  • Thomas

    Aug 2, 2008 at 9:51 AM

    Comment #13

    hitman got any links to that then??

  • Graham

    Aug 2, 2008 at 9:51 AM

    Comment #14

    “The initial price is £10M which could rise to £12M if Newcastle achieve certain objectives – like winning something?”

    Guess it’s staying at £10m then!

    Seriously though – this is an excellent signing for a player coming into the prime of his career.

    A couple more creative players is what we now need – and Ameobi and Smith deported would help too….

  • hitman

    Aug 2, 2008 at 9:55 AM

    Comment #15

    thomas one of the lads told me in the pub last neet,if we get into europe it will rise to 10 mill plus arda will double his contract,lets hope its true

  • Matt

    Aug 2, 2008 at 9:56 AM

    Comment #16

    I think Smith was metioned about once in the text commentary. Ameobi on the other hand, squandering chances all over the shop again. Just give him away for free to Roeder PLEASE. I’d love arda but why would we sign yet another winger? Cardoza would be more than welcome to me.

  • TrueMag

    Aug 2, 2008 at 9:59 AM

    Comment #17

    great news ed,probably the best defender we could attract rite now so well done nufc and especially MA,who has had some critisism lately. Now lets hope of a few more to follow in coming weeks to sicken the SMB…..

  • Popski

    Aug 2, 2008 at 10:00 AM

    Comment #18

    Great news, lets get it tied up.

    Are we talking to Turan? never heard anything on this front for a long time now.

    Spiderman shoed a lot of promise last night, but i have to say, what the hell are Smith and Shola still doing on our books? I know they only come on cos of injuries etc, but they really were showed up for what they contribute to the team………….NOTHING!!!!!!! GET RID

  • JP...from The Rock of Gibraltar

    Aug 2, 2008 at 10:02 AM

    Comment #19

    HITMAN- Where did you hear we are in talks with Arda for 10M ? it a reliable source?

  • SingaporeToon

    Aug 2, 2008 at 10:03 AM

    Comment #20

    I know its tribal saying we are going after Lens fullback Nadir Belhadj, but its interesting all the same.

    What do you guys think?

  • Angryman the angry fan

    Aug 2, 2008 at 10:04 AM

    Comment #21

    Its hot hot hot here!! Bugger me backwards…

    Thought I would just come on with a rant, re last night.

    I thought we were poor, they were poor and signing Colocini will only draw a sheet of trcing paper over the massive cracks we have in the squad!!

    Yet again, no creation, and to rely on Guti will simply not work!!

    Did Alan Smith play last night

    Does Shola wear lead filled boots

    Where was Guthrie

    Nicky Butt was the only player that tried last night, the good thing about last night was that surely now tight arsed Cashley will have to go out and get at least 3 more decent players.

    @ALEX, yes i can call him tight arse because net, he has still spent coppers compared to other teams in the league!!!

    We need creative players and a striker. Our 3 main strikers are crocked and simply we have no one to take there place!!

    Rant over

    Anyone over here currently, I here the lads are doing a signing sesh at Marine Land today!!

    shall log on later to see waht anyone else ‘realistically’ thinks about the current situ

  • benny

    Aug 2, 2008 at 10:05 AM

    Comment #22

    after last nights performance we need more than 1 defender

  • macakane

    Aug 2, 2008 at 10:08 AM

    Comment #23

    If everything goes smoothly with this one, than next will be left-back, and probably Warnock. Great to hear that Milner is optimistic to take over CM role. After that 1 midfielder, maybe amr if milner is going to play as cm, than this summer aint so bad.

  • 9 Shearer

    Aug 2, 2008 at 10:09 AM

    Comment #24

    Lets forget about last night coz it was pathetic. Milner really disappointed me, he might be the fitted coz kept running till the end but end product is zero. No strickers were there so what the hell.
    Monday is too far let me hop nothin happens over the weekend.
    Warnock next then we are done, Barton will do well if not banned by the stupid FA (fingers crossed).

  • ObaFan2

    Aug 2, 2008 at 10:13 AM

    Comment #25

    A real battling, bruiser of a defender but not the quickest. Will be a good signing.

  • windtravels

    Aug 2, 2008 at 10:13 AM

    Comment #26

    This seems great news. BUT has anyone actually seen him play some games recently? It would be nice to have someone vouch for his quality…

  • keltik

    Aug 2, 2008 at 10:14 AM

    Comment #27

    naa man, i would rather have Milner or Zog playing instead of duff on the wing.

    but, we still need a left back and another striker and if we really want to stregthen the squad a quality playmaker/midfielder to replace Emre.

    im trying not to get too excited about collocini until i see him in black and white on monday

  • Allman20

    Aug 2, 2008 at 10:17 AM

    Comment #28

    Great news brining in the lad, although after last night it is very clear that we need more in the centre of the park! But it was said that two players may be coming in over the next few days!! Inler?! That may add depth and creation to us…, and i’m agreeing with everybody else what the hell are Smith and Shameobi playing at! Go on…. F*!k off!!
    I feel a young big striker needs to be brought in but its not the end of the world if we dont, at the end of the day our deadly three pronged attack did work really well at the end of last season! Don’t bother with Warnock, nothing special and we don’t want another Liverpool reject, no offence Guthrie but you’ll time will come in the coming seasons under KK’s magic.

  • tino97

    Aug 2, 2008 at 10:18 AM

    Comment #29

    Should be a good signing for us. But I always get a bit worried when the story is leaked out, before the deal is done. Lets hope the deal can be finalised without any other clubs showing their interest.

  • macakane

    Aug 2, 2008 at 10:19 AM

    Comment #30

    ummm, actually i think those who are hoping that KK will get in creative midfielder will be disappointed after the transfer window will close, because in my opinion Kevin will use hard working, tackling, ball winning midfield as Barton, Guthrie, Butt, Milner, creativity force in team will be Wingers and probably push up full backs.

  • SuperShearer

    Aug 2, 2008 at 10:22 AM

    Comment #31

    KK said we would sign someone over the weekend if Colo isn’t having his medical till monday does this mean there is someone else in the pipeline? God I hope so.

  • GoesseN

    Aug 2, 2008 at 10:24 AM

    Comment #32

    yeh guys this story is 100% newcastle have confirmed it and its also on sky sports news aswell… they dont mention things unless they have a good info base to talk about. also its all over the internet on both the deportivo website and sky sports, and wikipedia, and etc etc… just gota wait for the details of the transfer published on the Official website.

  • toonarmy08

    Aug 2, 2008 at 10:34 AM

    Comment #33

    supershearer -good point ,hope its arda ,he would be great addition ,plus a couple of youngsters and i would be satisfied 🙂

  • GoesseN

    Aug 2, 2008 at 10:36 AM

    Comment #34

    also… that picture…. put it this way… you dont quite get the size of that curly hair… until youv put that picture on… how BIG is his MOP! :-O

  • Geordie SPIDERMAN18 (GG7)

    Aug 2, 2008 at 10:39 AM

    Comment #35

    his hair is ridiculous lol., he is class though, i cant wait to see him in a toon shirt

  • beessi-kosovo

    Aug 2, 2008 at 10:52 AM

    Comment #36

    bravo supershearer–i hope that it would be arshavin or arda

  • Stay Tooned

    Aug 2, 2008 at 10:54 AM

    Comment #37

    I hope this proves to be a good signing. But we definitely need more creative players at the club. Also we do need to get rid of smith and ameobi becuase they both have seem to have lost any ability to play football. Does anyone know how long does Ameobi and Smith have left on their contracts. This would give me some hope in counting the days before they will have to leave.

  • macakane

    Aug 2, 2008 at 10:57 AM

    Comment #38

    I think Ameobi is at his last year, but Smith uh, he will still be here for a time 😀

  • Hadji

    Aug 2, 2008 at 11:01 AM

    Comment #39

    The only way Smith will score in the EPL is if FA manages to convince Sampdoria to move to England. 🙂

  • Van Basten

    Aug 2, 2008 at 11:02 AM

    Comment #40

    Everyone keeps talking about defence, while I think the real problem lies in central midfield and attack. Besides Owen and Martins, Newcastle don’t have anything to fill their void if one would get injured. Viduka is not the same player he once used to be, and imho doesn’t provide much to the attack. Smith and Ameobi should not play in the Premiership – period!

    Central midfield lacks a creative player that can pass/distrubute, score and hold up ball. Right now, Owen is the best player that could play in that role. Putting him there, were would all the goals come from?

    BTW, the signing of Colocccini is a great one! Even though I think we have bigger problems elsewhere in the squad.


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