Newcastle came close to nabbing Watford forward Joao Pedro last August. The Magpies continued negotiations after a round of bids were rejected with the final one totaling around £30m.
Further bids never materialized as Newcastle decided to make a much bigger splash with the signing of Alexander Isak for a club-record fee. Watford eventually tied Pedro down on a new long-term deal to 2028 with Isak now the toast of Tyneside after his recent displays.
The Athletic is reporting that Pedro is still on The Magpies’ radar as they continue to track his progress. However, Watford’s demands will only increase if any clubs come knocking this summer. There is little chance Newcastle will meet Watford’s valuation after coming up short nine months ago.
The 21-year-old has bagged 9 goals with a further 2 assists in the Championship this term. His versatility, an aspect of his game that Eddie Howe covets, has been on full display. He has been deployed across the front three as well as a number 10.
Watford are struggling in their return to England’s second flight. They are currently in 10th and 5 points adrift from a playoff place. Failure to gain promotion could affect the Brazilian’s desire to remain at Vicarage Road.
Pedro has other admires in England as well as Serie A giants AC Milan. Watford’s sporting director Cristiano Giaretta is unfazed by the interest in his star telling Tuttomercatoweb the following:
“I can say that he has an ‘England’ price, we haven’t received any requests or proposals from Italy.
“He has many admirers in the Premier League but the truth, and we are happy about it, is that he is 110 percent focused on our run-up to the play-offs.”
If Watford hold firm to their demands, the ship on a move to Newcastle has likely sailed for Pedro. Newcastle showed in August they will not bow to meet Watford’s valuation. That is unlikely to change this summer despite what is expected to be a larger budget.