Newcastle ‘very close’ to signing – Loan plans agreed as Mitchell beats giants to deal

Newcastle United are set to make significant first-team investments this summer as their financial position under PSR has finally improved following a carefully managed January transfer window.

While reinforcing the senior squad remains a priority, the club has already been proactive in securing young talents, with Paul Mitchell leading efforts to strengthen the Academy by recruiting top prospects from around the world.

The recent arrivals of Vakhtang Salia from Dinamo Tbilisi and Baran Yildiz from Turkey highlight Newcastle’s long-term strategy, and now the club has secured another highly rated teenage prospect.

According to Craig Hope of The Mail, Newcastle are now on the verge of finalizing a deal for Málaga winger Antonio Cordero. The teenager’s family has already visited Tyneside, and preparations for his arrival on a free transfer this summer are well underway.

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Newcastle have successfully fended off competition from La Liga giants Barcelona and Real Madrid to secure his signature, underlining the growing appeal of the club’s youth development project.

Plans are in place to loan out Cordero for the 2025/26 season, allowing him to gain valuable first-team experience after impressing in the Spanish second division with Málaga.

This approach mirrors Newcastle’s strategy with other young signings, including Salia, who will join the club from Dinamo Tbilisi when he turns 18 in August. Paul Mitchell has taken inspiration from the successful development of Yankuba Minteh, who thrived at Feyenoord after his £6 million move from Odense.

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By allowing young players to gain competitive experience before integrating them into the senior squad, Newcastle are ensuring their long-term growth while maintaining a high level of competitiveness.

Cordero is a versatile winger capable of operating on both flanks, though he has primarily featured on the left for Málaga. This season, he has enjoyed a breakout campaign, contributing four goals and six assists in 24 LaLiga2 appearances.

His performances have earned him recognition at the international level, where he has represented Spain at the Under-18 and Under-19 levels, scoring once in six appearances for the latter.

Newcastle’s aggressive pursuit of young talent signals their commitment to building a sustainable future while remaining competitive at the highest level.

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With PSR constraints easing, the club is well-positioned to strengthen the senior squad while continuing to invest in the next generation of elite footballers.

By securing promising talents like Cordero and integrating them through carefully planned development pathways, Newcastle are setting themselves up for long-term success both domestically and in European competition.