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Malaga wonderkid Antonio Cordero is edging closer to being announced as a Newcastle United player.
Youth investment has been a top priority for Toon chiefs since the Saudi-backed takeover. The likes of Garang Kuol, Alex Murphy and, most prominently, Yankuba Minteh arrived as Newcastle plan for the future.
Even if a youngster fails to break into Eddie Howe’s squad, they can be flipped at a profit to alleviate PSR pressures. This was the case with Minteh, reluctantly sold last summer to Brighton for £33million.
Cordero is the latest prodigy that Newcastle expect to sign as personal terms were agreed earlier this year. The player is understood to have visited Tyneside earlier this year before committing his future to St James’ Park.
An impressive 13 goal contributions for Malaga - who are struggling in Liga 2 - had caught Real Madrid and Barcelona’s attention. However, NewcastleWorld expects the Magpies to complete the deal when his contract expires on June 30.
This has incensed the Spanish media - with local outlet Diario Sur labelling Cordero a “snake” for turning his back on Los Boquerones. Further accusations relating to money - and what Newcastle offered - were levelled at the winger.
National publication Marca also claim Cordero’s wage packet will increase significantly on Tyneside. En Cancha took aim at Newcastle’s ownership, with “petrodollars” the reason behind the move.
Paul Mitchell opened up about Newcastle United’s transfer strategy
Sporting director Paul Mitchell discussed Newcastle’s long-term strategy after an underwhelming transfer window last summer. He said: “For this club to come out and say actually, we really liked this player and thought he could have brought benefit to this squad at any cost? Is it at financial risk to the organisation, our growth and our plan?
“I don’t think we should do that. That’s a personal choice. Others might have a different opinion on that but I do take that part of my job seriously.
“Would it have been easier to sit in front of you all with hallmark signings that cost a load of money? Of course it would.
“But ultimately have them at the detriment to Newcastle’s ability to grow and high strategic ambitions for Paul Mitchell’s glorification, that’s not the job I’m paid to do. I’m paid to do the job in the short, the medium the long-term.”
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