Exclusive: £50m+ transfer is suddenly ‘looking likely’ as Newcastle United deal edges closer

Newcastle United appear to be making significant progress in their pursuit of Brighton forward Joao Pedro, with sources suggesting a deal could be finalized for under £60 million.
The Magpies have identified the Brazilian as a primary target this summer, reigniting interest that first surfaced back in 2022 when the then-Watford star nearly moved to Tyneside.
The negotiation process has gained momentum following Newcastle’s initial £50 million bid, which Brighton promptly rejected. However, unlike their stalled attempts to sign Anthony Elanga from Nottingham Forest, this deal shows genuine promise of reaching completion.
Transfer insider Graeme Bailey reveals the circumstances surrounding Pedro’s potential departure from the Amex have created an opportunity Newcastle are poised to exploit.
“Brighton are surprisingly open to selling Joao Pedro,” Bailey explained. “While his situation isn’t untenable, there’s a willingness from both parties to facilitate a move after that training ground incident last season.”
The 23-year-old’s exclusion from Brighton’s final two matches following a reported altercation with teammate Jan Paul van Hecke appears to have accelerated the Seagulls’ decision to cash in on their attacking asset.

Newcastle’s pursuit benefits from Pedro’s own desire for a fresh challenge and the lure of Champions League football – an opportunity he’s yet to experience in his career.
The Brazilian would likely slot straight into Eddie Howe’s starting eleven, offering versatility across the frontline and adding much-needed depth to Newcastle’s European campaign. His potential partnership with Alexander Isak could form one of the Premier League’s most dynamic attacking duos.
However, the transfer isn’t without complications. Chelsea have emerged as late contenders for Pedro’s signature, though their interest appears more speculative than concrete at this stage.
The Blues’ recent acquisition of Liam Delap hasn’t deterred their search for additional firepower, creating a potential bidding war Newcastle would prefer to avoid.
From a sporting perspective, St James’ Park represents the more logical destination. Pedro would face less competition for minutes at Newcastle compared to Chelsea’s crowded attacking roster.
The chance to work under Eddie Howe’s progressive management could also prove decisive, with the Magpies boss having demonstrated a knack for developing attacking talents into complete forwards.
Financially, the proposed deal makes sense for all parties. Brighton would recoup nearly triple their initial £18 million investment after just two seasons, while Newcastle would secure a proven Premier League performer entering his prime years.
The reported £60 million fee, though substantial, reflects Pedro’s 18-goal contribution last season and his potential for further growth.
As negotiations enter their decisive phase, Newcastle’s recruitment team must fend off Chelsea’s interest while convincing Brighton to accept their improved offer.
Should they succeed, Pedro’s arrival would mark another statement signing in the club’s ambitious project, providing the firepower needed to compete on multiple fronts next season.
For Joao Pedro himself, the move offers redemption after a turbulent end to his Brighton career and the chance to establish himself among the Premier League’s elite attackers.
With pre-season preparations underway, all parties will want resolution soon – and all signs point toward that resolution coming in Newcastle’s favor.