Newcastle have launched a second bid for Leicester City’s James Maddison. The latest offer exceeds £45m which is a marginal improvement over the first bid of around £35-40m.
Here is the latest on the pursuit of Maddison from Luke Edwards with The Telegraph.
#nufc have made a second improved bid for Leicester City’s James Maddison today. Fee is in excess of £45m but payments are staggered. As I’ve said all along, they have been led to believe Maddison wants the move. We shall see. He might also want a new contract!!
— Luke Edwards (@LukeEdwardsTele) August 1, 2022
Leicester will likely reject this second bid outright. It falls well short of their £60m valuation and doesn’t appear to contain a large down payment. The bid, as Edwards suggests, could be an attempt to turn Maddison’s head.
Newcastle have been encouraged that Maddison is keen on the move. The 25-year-old has just two years left on his contract, so barring a new one, this could be the time for Leicester to get top value.
Maddison has become the primary target ahead of the season opener against Nottingham Forest on Saturday. Though negotiations are underway for Burnley’s Maxwel Cornet, who has a £17.5m release clause.
A loan proposal is also sitting on Thomas Tuchel’s desk for Timo Werner. Though any movement for the German will likely not occur until later in the window as Tuchel continues his recruitment drive.
Newcastle are willing to pay a loan fee as well as a portion of Werner’s wages – believed to be 50% of the £270k/week salary according to The Chronicle. The Magpies face significant competition as his former club RB Leipzig as well as the mighty Juventus are also interested.
174 comments so far
Munster Mag
Aug 1, 2022 at 6:53 PM
Comment #161Scythe, as you said Eddie will have swotted him up, like any decent manager would do. Anyway, Joel and the boys will knock him into shape.
Toonces
Aug 1, 2022 at 6:56 PM
Comment #162Tinos
Staggered payments are for both FFP and Cashflow.
FFP is based on the losses a club are allowed to make during successive financial years. Paying a player’s transfer fee in installments can help the club’s bottom line. The full fee doesn’t need to be counted in the year of the transfer.
Paying transfer fees in installments is the common way to do it for most clubs. It was Ashley who wanted to pay all upfront and then also total the salary in with the transfer fee for some reason. Mind you he’d accept installments for our players that he sold like Perez.
Main reason to offer a club all up front for a transfer is that they might accept less for the same player since they don’t need to wait for the money and helps their cash flow.
Mund
Aug 1, 2022 at 6:56 PM
Comment #163Tino
Admittedly I’m just quoting what’s been said by financial experts and how staggering payments can give us a little extra leg room in bringing transfers in.
Romford mag
Aug 1, 2022 at 6:56 PM
Comment #164SirRhosis
No mate, think they’ve cottoned on round here !
They all seem to be using their tumble dryers now 😀
Mund
Aug 1, 2022 at 6:57 PM
Comment #165Toonces
That was my thinking
Scythe
Aug 1, 2022 at 6:57 PM
Comment #166Ashingtoon
My experience with setting up an FPL team (and I’m far from being an expert or anything obviously) is that tinkering with the team is part of the fun.
Only yesterday I looked to see how one of my defenders was doing in his pre-season games only to find out he hasn’t played any and isn’t injured as far as I can tell. He was a semi-regular starter for his club last season and had a good final score when the season ended but now I’m having to look for alternatives in the same price bracket.
Munster Mag
Aug 1, 2022 at 6:58 PM
Comment #167Mund you numpty get your facts right. Or stop lying in other words.
Like others commented, I said his weakness from what I and others could see, was that he was slightly slow on the turn.
I also said he is quite quick in a straight like, good on the ball, brilliant in the air, and very aggressive.. Wanted him as much as you, you utter spoofer.
Anything else to lie about son?
Mund
Aug 1, 2022 at 6:59 PM
Comment #168Me lying…? 😆
YCMIU
What a plonker
Ashingtoon62
Aug 1, 2022 at 7:03 PM
Comment #169Mund
TBF I think you are on thin ice mind,arguing with an accountant over,well….Accountancy.. 😀
IrishRob
Aug 1, 2022 at 7:04 PM
Comment #170I never noticed until now that Ekitike is only gone to PSG on loan for the year.
Maybe the kid is smarter than we gave him credit for and is not committing to a contract until he knows they will play him regularly.
Scythe
Aug 1, 2022 at 7:04 PM
Comment #171Non-football comment (it’s movie based)… anyone who is interested in the history of ILM (Industrial Light & Magic) should definitely watch the new documentary on Disney+ about how it all started and how they transferred to digital movie making. It’s called Light & Magic and is six hour long episodes. Fascinating stuff for movie buffs 🙂
Tinos Vino
Aug 1, 2022 at 7:08 PM
Comment #172toonces fair enough. I am not an accountant but know about stuff like this. it’s the reported losses which is the grey area. they don’t have to show the full losses thus the word “reported” and can show expenditure in line with length of contract.
Again could be wrong but it’s how it is done outside of football a lot of the time.
Tinos Vino
Aug 1, 2022 at 7:10 PM
Comment #173anyways i am boring myself nevermind the rest of the blog 🙂 best just to agree to disagree
IrishRob
Aug 1, 2022 at 7:13 PM
Comment #174Atm amongst all the clubs in Europe were 17 in expenditure and 7th for net spend.
A lot of clubs have spent big but also sold players for big profits.
If we sign Maddison alone this will boost us up to 4th overall expenditure and 2nd in net spend on 110M only 5m behind Barcelona.
Signing Maddison would almost certainly see us over take everyone in Europe on both fronts as we’re highly likely to buy at least one more player as a striker after that.
Barca aren’t spending anymore, neither are Arsenal or Bayern.
If we sign Maddison it’s almost certain we will be top of the pile for all European clubs for expenditure by the end of the summer.
Can’t really argue with that ambition from the owners can we.