It’s official. Saudi-owned Newcastle announces the most expensive deal in their history

Young Swedish striker Alexander Isak will join Saudi Investment Fund-owned Newcastle United from Real Sociedad, the two clubs announced on Friday.

And the English club said in a statement that the 22-year-old has signed a “long-term deal” that will be the team’s fourth deal this summer.

“They ended up offering a sum of money they couldn’t refuse. We have lost a great player. Now we need to find a replacement for him,” Real Sociedad director Joken Aberbay said on the sidelines of the Europa League draw in Istanbul.

Reports indicated that the deal was valued at €70m in addition to five million bonuses, making the Swede the most expensive player sold by Sociedad in his history, as well as the most expensive deal in Newcastle’s history.

Isak, who started his career at Swedish AEK in 2016 before moving to Borussia Dortmund a year later and then to Real Sociedad in 2019, with whom he scored 44 goals in 132 matches.

At international level, Isak made his debut for Sweden in 2017, scoring nine goals in 37 matches.

The Sweden international is Newcastle’s fourth signing this summer after Matt Target, goalkeeper Nick Pope and Sven Putman.

Source: AFP.

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