The fee we paid to secure the services of Mikel Merino has been revealed, with reports in Germany confirming that the midfield maestro cost Newcastle little over £7m to make his loan move from Borussia Dortmund permanent.
The Spanish U-21 international has been sensational since arriving on an initial loan over the summer and it was a big relief to see him sign permanently last week, with several fans understandably worried that he may have caught the eye of the big boys after a brilliant start to life in England.
Since he signed a 5-year contract at the club last Friday, it’s come out that he has cost us just £7m – a real coup and cut-price fee given his age, potential and performances so far this season.
It really is an incredible piece of business in this day and age. The likes of West Brom’s Jake Livermore cost £13m (and that was before prices got out of hand this summer!), whilst Swansea paid a whopping £17 for fellow midfielder Sam Clucas!
With these prices in mind, it’s no surprise we often look abroad for these sort of diamonds in the rough. A risky strategy which doesn’t always work out, but we’ve hit the jackpot with Merino.
What a signing!