Newcastle United transfer news: Odds slashed on McCarthy deal

By Wayne Veysey

3rd Aug, 2017 | 5:05pm

Odds slashed to 8/11 on Newcastle signing £25m-valued player

By Harry Sykes

The odds have tumbled on Newcastle United signing midfielder James McCarthy from Everton this summer, according to bookmakers.

Sky Bet priced the north-east giants at 8/11 on Thursday evening to land McCarthy, 26, before the August transfer window cut-off.

Newcastle are the landslide favourites to secure the signature of the 41-times Republic of Ireland international, with Leicester (14/1), Swansea and West Brom (both 18/1) relatively distantly priced.

Sky Bet have dropped the price on Newcastle signing McCarthy since last week, when the odds were set at 5/4.

The drop in price comes after reports that the Magpies are firmly in the race to sign McCarthy, who is said by Bleacher Report correspondent Dean Jones to be valued at £25million.

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The high price comes even though McCarthy was only a fringe player at Everton in 2016-17, when he suffered a series of niggling injuries that prompted criticism from manager Ronald Koeman.

He was also pushed down the pecking order by the arrivals of Idrissa Gueye and Morgan Schneiderlin in the previous two windows, as well as the emergence of teenage ace Tom Davies.

Nevertheless, Newcastle boss Rafael Benitez is widely reported to be a big admirer of the player he has been strongly linked with in the last two windows.

McCarthy has made 126 appearances for Everton since joining for £13million from Wigan in 2013.

He is under contract until 2020 after signing an extension in the summer if 2015.

In other Newcastle United transfer news, the club have agreed the terms of a defender transfer as their whirlwind of activity continues.

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