£50M Rated Newcastle United And Liverpool Target Ends Speculation About His Future
Valencia have formally announced that Newcastle United transfer target David Otorbi has signed a contract extension.
The Magpies had beentracking the 19-year-old, along with Liverpool, but speaking after putting pen to paper on a five-year deal, Otorbi said:
“I feel great, and my parents are very happy too. It has taken years of hard work to get to this point. Since making my debut, I have improved in many areas. Making your debut is ‘easy,’ but sticking around is a different story; you have to make the most of your opportunities by training as hard as you can and showing the coach that you are motivated.”
“I’m very excited because the club have placed a lot of confidence in me; they believe I will continue to improve and help the team in the future.”
Otorbi’s agent confirmed Newcastle’s interest
Speaking to Radio Marca Valencia about the Magpies’ pursuit of the teenager earlier this month, the player’s representative Nacho Gallart said:
“It’s true that many clubs have called us, especially from the Premier League.”
However, Gallart also emphasised at the time that Otorbi was focused on playing for Valencia, rather than considering offers from elsewhere.
Otorbi’s release clause has reportedly doubled
Since Gallart’s comments, reports also named Liverpool as potential suitors, and there were even suggestions that the Reds were willing to pay the winger’s buyout fee, which was previously worth €30m (£25m).
However, it is believed that Valencia got wind of this approach and triggered an option that not only extended Otorbi’s contract but doubled his release clause to €60m (£50m) as well. That price tag will likely put off Newcastle and Liverpool from making an offer for the player in the near future.