By Gabriel Agbonlahor

17th Jun, 2022 | 7:00am

Newcastle United tipped to pay Sven Botman premium after source's update - pundit

Newcastle United will be forced to pay a premium on signings this summer, according to Gabby Agbonlahor.

Speaking exclusively to Football Insider, the ex-Aston Villa and England attacker claimed “Newcastle won’t like that” but they will have to pay up if they want to improve their squad.

The Telegraph reported earlier this week (13 June) that the club were willing to walk away for a deal with Sven Botman after Lille upped their asking price from £30million to £36million.

It is claimed the Magpies do not want to pay a ‘Newcastle tax’ on players just because they were taken over by a Saudi-led consortium towards the end of last year (2021).

A Newcastle source told Football Insider on Thursday (16 June) that they have not given up hope of landing Botman but he would prefer a move to Milan.

Both clubs have agreed personal terms with the centre-back, 22, but neither have agreed a fee with Lille.

Subscribe to Football Insider TV now

“If you’re selling players to Newcastle you are adding money on, 100 per cent,” Agbonlahor told Football Insider correspondent Connor Whitley.

“Newcastle won’t like that but it’s a fact. Everyone knows their owners are loaded, they’ve got to pay that extra.

“It’s similar to Man United and their situation, they’ve got to pay extra because they are desperate for players.

“Newcastle won’t like it but I feel they will pay it because they will want to improve their squad.”

Newcastle have not added any players to the squad that finished the 2021-22 Premier League season as one of the division’s in-form sides.

They have converted Matt Targett’s loan from Aston Villa into a permanent deal for £15million.

In other news, Newcastle United have been handed a major transfer boost as training ground pictures emerge.