Newcastle United will seek £100m to sell star midfielder Sandro Tonali after dismissing “out of hand” an opening offer from Tottenham Hotspur that fell “at least” £20m short of their valuation.
Newcastle have had a challenging start to what they hope will be a transformative summer, and after missing out on Victor Munoz – who joined Liverpool despite agreeing a deal with the player, his agent and Osasuna last week – they have to handle the Tonali situation skilfully.
The i Paper understands that – although he has not formally asked for a move – Tonali is seeking a fresh challenge and has interest from Manchester City, Arsenal and Tottenham.
Spurs’ approach, which was made on Thursday, represents the first club-to-club communication for the Italy midfielder.
Some at Newcastle are sceptical about the Spurs approach but Tonali appears ready to entertain it. He is yet to agree personal terms with Tottenham and their approach may prompt City to step up their own interest in the player.
Losing Tonali to Spurs ‘a major red flag’
From Newcastle the message is clear – there’s no decision for them to make because no club has come close to a valuation that is benchmarked against the amount that Nottingham Forest expect to receive for England international Elliot Anderson this summer.
Newcastle put Tonali in a similar bracket and, with issues around hitting Uefa’s squad cost ratio rules, they need to extract maximum value for any player they sell.
Arsenal are also interested in the Italian midfielder (Photo: Getty)The optics of another major player leaving, just a few weeks after Anthony Gordon joined Barcelona in a deal worth around £85m, are certainly not good for Newcastle, who always acknowledged there would be some pain this summer.
Losing him to City or Arsenal would be one thing, but Spurs are one of the clubs that Newcastle hoped to pick off in their battle to be the “best of the rest” under majority owners PIF.
They have finished above them two years in succession and while Tottenham have bigger revenue streams – and a London location which many players seem to favour – it would be a major red flag for a project that supporters are increasingly beginning to doubt.
Lack of Europe costing Newcastle
Club sources dispute there is a lack of ambition and it is understood work is being carried out on multiple deals. Monaco’s Lamine Camara, for example, is one of the alternatives lined up if Tonali leaves but there has been difficulty in getting ambitious deals over the line recently.
They had worked for weeks on Munoz, securing an agreement from the player, his family and agent, and elbowing out Aston Villa. He had also assured them that he wanted to move to Newcastle over Liverpool – only for the Reds to gazump them at the last.
It is understood that the club are looking at what lessons can be learned from the collapse of the deal for a player who was allowed to meet Premier League representatives at Spain’s World Cup camp in Atlanta.
As for Tonali, it is not impossible that he stays but it’s difficult to see how he remains at St James’ Park given the noise around him now.
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Sources admitted at the start of the summer that a couple of big sales were likely to unlock their spending power in an important close season, but there had been hopes that they would have been offset by at least one outfield incoming deal.
There will be understandable – and correct – disappointment at Tonali looking to move on so soon after Newcastle backed him during his year-long ban for gambling offences. But a lack of European football is proving costly, with other players understood to be open to moves.
In that context Newcastle need to flex their recruitment muscles quickly to reassert their ambition.
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