Newcastle United

Newcastle United

Premier League • England

Newcastle transfer latest: Bad news for Eddie Howe despite Roma putting £43m Nicolo Zaniolo up for sale

Nicolo Zaniolo of Roma

Roma have reportedly decided to put Newcastle transfer target Nicolo Zaniolo up for sale but it appears that the playmaker will not be Premier League bound.

A report from Sky Sport Italia claims that Italy international Zaniolo will be on the market for a fee in the region of €50million (£42.8m), but that has rejected the chance to head to St James’ Park.

The 22-year-old instead favours a move to either Roma’s Serie A rivals AC Milan or Juventus.

Zaniolo has long been linked with a move to England, with Tottenham and Liverpool previously showing an interest.

However, it’s the cash-rich Magpies who now lead the way for his signature – although they are set for disappointment.

The forward, who scored eight goals and provided nine assists this term, is under contract with Roma until 2024. He also notched the winner as they won the inaugural Europa Conference League by beating Feyenoord last month.

Sky Sport Italia adds that Roma have come to their decision in order to raise transfer funds for Jose Mourinho.

However, they are determined not to accept anything less than the £42.8m quoted.

Zaniolo wants Champions League football

Zaniolo’s snub of Newcastle is said to stem from their lack of Champions League football. That is something that both Milan and Juve can offer, while the player also gets to remain in his homeland.

If Roma do fetch close to their asking price they will make a huge profit on the player.

They splashed out just €4.5m to take Zaniolo from Inter Milan in 2018 as part of the Radja Nainggolan swap deal. However, at that point he had never played a single Serie A game.

As part of that agreement, the Giallorossi owe Inter a 15% cut of his sell-on fee. So the Nerazzurri will benefit from the sale regardless.

READ MORE: Sven Botman says ‘talks are underway’ as Newcastle interest confirmed and deal hope laid bare