Newcastle United failed with a bid for talented young French striker Hugo Ekitike.
The club are scrambling for recruits, with only 11 days now remaining in the January transfer window.
Newcastle, of course, have already signed one striker this month in the form of Chris Wood.
But Eddie Howe is thought to want another centre-forward option.
Ekitike was first linked with Newcastle a couple of weeks ago.
It was claimed that the Magpies were in talks with the club about a potential transfer for the teenager.
Now, Reims’ president Jean-Pierre Caillot has confirmed Newcastle did table an offer, which was rejected.
“Newcastle positioned themselves, we discussed it, they made us an offer that did not suit us. As we do not really want him to leave, we have fixed the price quite high.
“They did offer us €35m all in, but with a number of bonuses, some of them were quasi-impossible to reach. Like for example, winning the Champions’ League… We want €30 million flat and €10 million achievable bonuses.”
It remains to be seen if Newcastle return with an improved offer. The club may need to move even more quickly, with Chelsea supposedly interested in the player.
Newcastle now know what is required to sign Hugo Ekitike
Clearly Ekitike is somebody Newcastle want to sign this window.
The Reims president has said the Magpies have bid for him. And he’s also said they want €40 million all-in to sell, which is £33 million.
At this point, Newcastle need to be biting the bullet.
There is too little time remaining in the window to be bartering.
Newcastle have the financial might, and Ekitike is there to be poached if the club want to make it happen.