Due to the probable cost of a loan agreement, Juventus have reportedly withdrawn from the contest to recruit Kalvin Phillips.
The Italians are looking for a midfielder with Nicolo Fagioli and Paul Pogba both sidelined due to betting and drug penalties. Juventus are unable to finance a permanent deal and will welcome Fagioli back later this year.
According to the Sun, Manchester City will seek a loan fee for Phillips in January, maybe as high as £5 million, ahead of a possible sale in the summer. Juventus attempted to persuade City to pay the majority of the player’s salaries, but to no effect.
According to reports, the Blues will seek any possible suitor to commit to a £40 million summer mandatory move. According to the article, Newcastle are the frontrunners for Phillips, who has also lost Sandro Tonali due to a betting ban.
Eddie Howe has often stated that Financial Fair Play will limit his club’s expenditure during this window, and authorities are wary of overpaying for a loan. The Magpies would have more money to spend in the summer, but it is unclear whether they want Phillips on a permanent basis with Tonali set to return next season.
Crystal Palace and Fulham have been linked with a move for the 28-year-old, who has only appeared 10 times this season ahead of England’s Euro 2024 team selection.
Meanwhile, The Athletic reports that Wolves are almost certain to activate Tommy Doyle’s buy-out clause in his loan agreement. In the Midlanders’ FA Cup draw with Brentford on Friday, the midfielder scored his first goal for the club. Doyle, who has made 14 appearances this season, would cost Wolves £4.3 million.
The transfer window has been a busy one for City, with high-profile acquisitions and sales abounding.
City signed Croatians Mateo Kovacic and Josko Gvardiol from Chelsea and RB Leipzig, respectively, with Jeremy Doku the most recent addition. Matheus Nunes of Wolves then joined the Blues on deadline day. In terms of departures, Treble winner Ilkay Gundogan transferred to Barcelona, Aymeric Laporte and Riyad Mahrez relocated to Saudi Arabia, and Cole Palmer completed a surprise move to Chelsea.
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