Man United inflict £51m transfer blow on Newcastle United as contract terminated early

Newcastle United will already be preparing for next season after securing a long-awaited return to the Champions League.

The Magpies landed a top four finish this season, and the rewards lie just around the corner, with a European tour in store for Newcastle fans. The tricky part for Eddie Howe and his recruitment staff will be preparing a Champions League-ready squad, with significant signings required if the Magpies are to compete well in UEFA’s permier competition.

As Newcastle scour the market for targets, we have rounded up all the latest news surrounding St James’ Park.

Min-Jae links

Newcastle are said to be interested in Napoli defender Kim min-Jae ahead of this summer, but they may wind up missing out.

The Magpies have been tipped to sign another centre-back this summer after snapping up Sven Botman ahead of last season. Min-Jae is one of the most attractive options around Europe, especially with a £51million release clause, but it seems Newcastle may miss out.

Calciomercato say Manchester United are willing to pay the release clause amid talk Harry Maguire could be allowed to leave. The report claims Newcastle are interested, but the Red Devils are reportedly more likely to get a deal over the line at this point, with Napoli already on the lookout for a replacement.

New sponsorship incoming

On the news front, Newcastle have ended their shirt sponsorship deal with Fun88.

After a six-season partnership, the Magpies have decided to move on from the deal in a bid to land a more lucrative partnership. Newcastle have had to agree an early exit from the deal, likely needing to compensate the company, but they are likely to make their money back by landing a big sponsor ahead of a Champions League campaign.

Meanwhile, Fun88 will remain the club’s official Asian Betting Partner going forward.