Everton withdraw interest in Newcastle United target as former loan star parts company with Championship club

Everton have reportedly withdrawn their interest in Newcastle United transfer target Joao Pedro after submitting an unsuccessful loan offer for the Watford forward.

The Brazilian youngster was the subject of a number of bids from the Magpies prior to Alexander Isak’s record-breaking move to Tyneside.

However, offers in the region of £20million and £25million were rebuffed by the Championship club, who expressed their determination to hold out for a bid nearer the £30million-mark.

A number of other Premier League clubs were said to be monitoring the progress of a player that has scored two goals in six appearances so far this season.

Sky Sports News have now reported Everton have decided against making a new bid for Pedro after Watford turned down a season-long loan offer with a view to a £20million permanent move at the end of the campaign.

The report suggested Watford would be open to a loan deal, provided it was converted into a mandatory £30million move next summer.

Pedro released a statement via his Instagram account confirming he has spoken to the Hornets board and explained he is ‘fully committed’ to staying at Vicarage Road.

He said: “I’m very happy here. I love being at Watford and I want to do more with them.

“I spoke to the board yesterday and I am fully committed to the club and looking forward to a successful season.

“Let’s go Hornets.”

Meanwhile, Watford have confirmed they have parted company with former Newcastle United loanee Danny Rose.

The former England left-back made 13 appearances for the Magpies after joining on a six-month loan deal from Tottenham Hotspur in January 2020.

Rose joined the Hornets on a two-year deal last summer but has now left Vicarage Road after the two parties agreed to a mutual cancellation of his contract.

A statement on the club website read: “Watford FC and Danny Rose have agreed a mutual cancellation of the defender’s contract with both parties in agreement that their futures will head in different directions.

“The Hornets thank Danny - who featured nine times last season in addition to the seven games on loan he played in 2008/09 - for his service and wish him well for his next opportunity.”