"The German International had an impressive campaign in the last season, and he scored 17 goals in all competitions. He was on the radar of Bayern Munich as well. However, the honorary President of the German club, Uli Hoeness, has now revealed that they would not have paid 90 million for the striker. He believes that Woltemade is not worth that kind of money."
"He also added that the only reason Newcastle managed to get the deal done was because of Saudi money flowing into the club. He added that the German outfit is happy with their transfer business this summer, but they would have liked to sign Florian Wirtz, who ended up joining Liverpool."
Newcastle United completed the summer signing of Nick Woltemade from VfB Stuttgart for around 90 million. Woltemade scored 17 goals across all competitions last season and attracted interest from Bayern Munich. Bayern judged Woltemade to be not worth a 90 million fee and declined to meet that valuation. The high fee was attributed to Saudi investment enabling Newcastle to fund the transfer. VfB Stuttgart reported satisfaction with their summer transfer business but missed out on signing Florian Wirtz, who instead joined Liverpool. The move marked a significant spending decision by Newcastle amid increased external investment.
Read at www.caughtoffside.com
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