Newcastle Close To Signing Anthony Elanga As Man Utd Set To Profit From Forest Sale

‎Newcastle United hopes to complete a deal to sign Nottingham Forest forward Anthony Elanga after submitting an improved offer of around £55 million.

‎Last week, their initial bid of £45 million was turned down, but they have now responded with a higher offer.

‎Newcastle United and manager Eddie Howe have long admired Elanga, who appeared in every Premier League game for Forest last season, netting six goals and providing 11 assists.

‎Under Nuno Espírito Santo, marking their first return to European competition since 1995-96.

‎Meanwhile, Newcastle secured a place in the Champions League after finishing fifth in the league standings.

‎Newcastle are yet to finalise a deal for the 23-year-old but have been given encouragement that they are nearing an agreement.

‎Manchester United gain in the deal

‎Manchester United will not be competing in the Champions League this season, but they stand to benefit financially from any Elanga transfer.

‎When United sold the 23-year-old to Forest in 2023 for £15 million, they included a sell-on clause reportedly entitling them to 15 percent of any profit.

‎This means United would receive 15 percent of the £25 million profit approximately £3.75 million.

‎However, based on the reported £40 million transfer fee, the £6 million figure could be a potential earning if the sale price reaches that amount.

‎While that amount won’t be enough to acquire a player who could transform their fortunes, it is certainly beneficial as they aim to improve their PSR (Profit Share Ratio) calculations.

‎Elanga has scored 11 goals in 83 appearances for Forest and is under contract there until 2028.