Transfer News: Newcastle make €7 million-a-year contract offer for Lorenzo Insigne

Newcastle United are reportedly prepared to pay €7 million after taxes to Lorenzo Insigne and prise him away from Napoli.

According to journalist Raffaele Auriemma, via Sport Witness, Newcastle United have made a huge contract offer to Lorenzo Insigne to lure him away from Napoli. The Napoli attacker has been at odds with the club over a new deal, which could result in a departure for the Italy international.

Lorenzo Insigne, having spent his entire career at Napoli, now looks destined to leave the Serie A side over a contractual issue. The attacker is unhappy with the Serie A side’s contract offer as his demands have not been met. Hence there has been speculation regarding a move away, mentioning the Premier League as a possible destination.

Insigne has played more than 400 senior games for the club, making him an important figure in Naples, while his reputation got further enhanced since winning the Euros with Italy. However, considering Napoli will demand a significant transfer fee to put off suitors, the attacker is resigned to leave only in the summer as a free agent.

There’s significant interest from Premier League clubs in the Italy international, who will certainly have options to choose from in June. However, in light of some fantastic offers in the pipeline in January, it makes a tricky decision personally, as a move could certainly materialise next month.

With reports of Newcastle’s interest doing the rounds for some time now, the Magpies are prepared to offer a huge salary package to the Italian international in a bid to lure him away. They might also be willing to pay the required transfer fee necessary to sign the attacker from Napoli in January.

The figures mooted are in the region of €7 million after taxes, which is well above Napoli’s last offer on the table. Even though Eddie Howe wants to focus his attention on bringing defenders and midfielders in the next window, they might consider Insigne a marquee opportunity and might be willing to pay over the odds to get their man.

The Italy International also received an offer from Toronto FC worth a reported €11 million per year after tax over a five-year tenure. This could be an exciting contract considering the finances involved, although he will not find a competitive playing atmosphere of Serie A or the Premier League. It remains to be seen if big money on offer entices Insigne to move to St. James’ Park in the near future.

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