Newcastle fans were both excited and relieved as it was revealed that agreement had been reached on a transfer fee for Jacob Murphy.
First linked with the 22 year old Newcastle fan last month, a week of building speculation had led to hopes that a signing was imminent, only for an apparent deadlock to have been arrived at between the two clubs on a transfer fee.
Newcastle widely reported to be sticking to £10m, whilst Norwich said to want £16m – but allegedly could be prepared to come down to around the £12m mark.
Monday saw the player fly off to Dublin to meet the Newcastle squad and finalise the deal, with a transfer fee of £12m/£12.5m having been settled on.
By sheer coincidence, or possibly not…only hours before the transfer was announced, Rafa Benitez told the media:
“We are working very hard and trying to get as close as possible to some signings.
“When I had the meeting with Mike Ashley (in May) I was confident that after that meeting we have the money available and the wages.
“Everything is in place to move forward.
“Hopefully, Mike Ashley can keep his word and we can do what we want to do.”
Despite Jacob Murphy signing for around £12m, many Newcastle fans continue to be in denial regarding the transfer market as it stands today.
Murphy has had one promising season of Championship football with a decent amount of goals (nine) and assists (six) for a midfielder/winger but still has it all to prove.
Yet when Middlesbrough paid £15m this week for Britt Assombalonga from Nottingham Forest, many Newcastle fans were incredulous at the size of the transfer fee.
That is the reality though and points to the kind of money Newcastle will have to spend as a minimum if they are to bring in another striker, which is surely essential
Assombalonga scored 30 Championship goals in 47 starts (pus 18 as sub) for Forest and goalscorers always come at a premium, these are the type of minimum prices Newcastle will have to go and pay if they are to get players who would be automatic first choice at St James Park.
The £12m paid for Murphy is a run of the mill transfer fee this summer for a Premier League squad player, yet some Newcastle fans are acting as though it was a groundbreaking deal.
This summer we have also seen Wolves pay just under £16m for 20 year old Portuguese international Ruben Neves from Porto.
In most other contexts these are massive amounts of cash but purely in the context of Premier League football, you have to quantify them in relation to the massive money Premier League clubs will pull in this coming season.
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