By Kieran Maguire

18th Sep, 2022 | 7:00am

Kieran Maguire: Newcastle United investment could pay off 'ten-fold' as new details emerge

Newcastle United need only to find a handful of young stars in South America to ensure that their investment in the region “pays off ten-fold.”

That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider as the Magpies zero in on Brazil as their next recruitment hotspot.

Two of Eddie Howe’s star performers in recent months, 24-year-old midfielder Bruno Guimaraes and 26-year-old striker-turned-playmaker Joelinton, hail from Brazil.

And, per The i last Friday (9 September), the Tynesiders are now concentrating their recruitment firepower squarely on the Brazilian market.

Chief scout Steve Nickson has been charged with overseeing operations in the talent-rich nation.

It is also understood that Guimaraes’ agent, Giuliano Bertolucci, is being used to further explore possible deals for Brazilian youngsters.

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Maguire explains why post-Brexit changes to transfer regulations mean that Brazil is fertile grown for a bargain signing.

“Brexit is damaging in the sense that it restricts clubs from signing players directly from Europe, especially young talent,” he told Football Insider’s Adam Williams.

“But what has happened in the post-Brexit environment is that it has levelled the playing field on more of a global sphere.

“This means, should Newcastle spot talent in South America, Asia and Africa and so on, by having more extensive networks in these countries, it will give the club an advantage in terms of bringing the talent to the UK.

“You only need one or two players to come in through this route to make the investment pay off ten-fold.”

In other news, Newcastle United backed to complete Youri Tielemans signing amid “massive” claim.