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Newcastle star travelling for medical as £32m striker transfer suddenly cancelled

MANCHESTER, ENGLAND - DECEMBER 26: Newcastle United Head Coach Eddie Howe during the Premier League match between Manchester United and Newcastle United at Old Trafford on December 26, 2025 in Manchester, England. (Photo by Serena Taylor/Newcastle United via Getty Images)

The final hours of the January transfer window are always a whirlwind of activity, and this year is proving to be no exception. As the clock ticks down toward the deadline, clubs outside the traditional elite are moving aggressively to reshape their squads for a crucial second half of the season.

On Tyneside, the headline news centers on a sentimental and pragmatic departure. Newcastle United has officially given former captain Jamaal Lascelles permission to travel south for a medical with Leicester City. After an influential twelve-year stay with the Magpies, the 32-year-old defender is poised for a return to the East Midlands, the region where his professional journey first began with Nottingham Forest.

While Lascelles prepares for his exit, the club has firmly shut the door on any other major departures. Despite late whispers suggesting Arsenal might make a move for Sandro Tonali, those rumors have been swiftly quashed, ensuring the Italian midfielder remains a cornerstone of Eddie Howe’s plans.

While one deal moves forward, another high-profile move has hit a brick wall. Fulham fans were hopeful about securing the signature of United States international Ricardo Pepi in a deal worth £32 million.

However, reports from top insiders now confirm the transfer is off. Although terms had been agreed upon, Pepi’s current club, PSV Eindhoven, has been unable to source a suitable replacement.

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Without a successor in place, the Dutch giants have blocked the exit, leaving Fulham to look elsewhere in the final moments of the window. It is a harsh reminder of how the “domino effect” in transfers can leave clubs stranded if one piece fails to fall into place.

Further down the coast, Bournemouth has also faced disappointment in their pursuit of defensive reinforcements. The Cherries launched an ambitious bid for Real Madrid left-back Fran Garcia, but the Spanish giants have rejected the offer.

Madrid is reportedly keen on keeping Garcia until the end of the campaign to maintain their squad depth, though they may be willing to reconsider a sale once the summer window opens. For Bournemouth, it means a late scramble to find alternative cover before the deadline.

In contrast, Crystal Palace is currently orchestrating a complex striker swap to refresh their frontline. With Jean-Philippe Mateta finalized for a move to AC Milan, the Eagles have moved swiftly to secure a replacement. They have reportedly struck a £49 million deal with Wolves for Jorgen Strand Larsen.

This move is a significant investment for Palace, reflecting their desire to add a different physical profile to their attack. The ripples of this deal are already being felt at Molineux, where Wolves are busy reinvesting that capital.

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Wolves are wasting no time in spending the funds from the Larsen sale, with medicals already booked for two prominent targets. Adam Armstrong is expected to join in a deal valued at approximately £9 million, bringing proven goal-scoring experience to the squad.

Joining him will be Angel Gomes, who is set to arrive on loan from Marseille. Gomes, a creative force in the middle of the pitch, offers the kind of technical flair that could be vital for Wolves as they look to climb the table.

Meanwhile, Everton has found a potential bargain in the loan market. They have reached an agreement in principle with Chelsea to bring 19-year-old winger Tyrique George to Merseyside for the remainder of the season.

The deal includes an option to buy the youngster permanently, providing the Toffees with a low-risk, high-reward prospect. George is scheduled to travel for his medical today, hoping to provide the spark Everton needs in the wide areas.

Across London, West Ham United is also closing in on defensive help. Axel Disasi is expected to join the Hammers on a loan deal before the window shuts. Disasi has made it clear that he wishes to remain in the Premier League and prefers to stay in the capital.

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With a medical booked for later this morning, this looks like one of the most straightforward deals of the day, providing David Moyes with a robust and experienced option at the back.

Finally, the tension continues to rise between Nottingham Forest and Celtic. Forest has seen a second, improved bid of £17.3 million for midfielder Arne Engels rejected by the Scottish champions. Celtic has been firm in their stance, labeling their record signing as “not for sale.”

Having already turned down a £14 million offer just yesterday, Celtic seems determined to resist any late-window pressure, leaving Forest frustrated as they try to add more quality to their engine room.

As the minutes disappear, the pressure on recruitment teams will only intensify. Some clubs will celebrate successful negotiations, while others will be left wondering what might have been. The drama of the deadline is a test of nerves as much as it is a test of financial muscle.

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