Newcastle United have agreed a deal with Nottingham Forest for the signing of Anthony Elanga.
A deal consisting of an initial fee of £52million ($70.7m) plus bonuses that are considered difficult to reach has been agreed, and personal terms are in place on a five-year contract.
Elanga, 23, is set to undergo a medical in the next 48 hours, and he is likely to link up with his new teammates by the end of the week.
The Athletic reported on July 3 that Newcastle were pushing to secure the signing of the winger and a new offer had been made worth more than £50m ($68m) plus bonuses.
The offer came after Forest had rejected a lower bid worth £45million ($61.2m) for the 23-year-old in June, having also shown interest in the Sweden international last summer.
In 2024, Newcastle were willing to pay a fee worth around £45million ($61.2m), with the potential package including an initial £30m ($40.8) payment, a swap deal for Paraguay winger Miguel Almiron (valued at £5m, and who has subsequently joined Atlanta United) and two potential further payments of £5m.
Elanga joined Forest in July 2023 from Manchester United, who are due a significant sell-on fee, and has appeared 83 times since.
The forward played in all 38 of Forest’s Premier League games last season. He registered six goals and 11 assists to help the club to a seventh-placed finish that qualified them for the Conference League.
Elanga has made 22 appearances for Sweden after his debut in 2022 at the age of 19. The last of which was a 90-minute outing against Hungary in June.
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