Newcastle and Chelsea have agreed on a fee for Lewis Hall. Newcastle United and Chelsea have signed a deal for England Under-19 international Lewis Hall, according to 90min.
Chelsea have decided to cash in on the 18-year-old academy product after talks over a loan move to Crystal Palace fell through. He spent his youth team days playing in midfield but is equally at home at left-back.
Newcastle have agreed to a package worth up to £35 million for Chelsea, with Hall poised to move to St James’ Park on an initial loan deal with an option for a permanent move next summer, according to 90min.
Newcastle pushed for a loan deal amid concerns over Financial Fair Play and will now be able to add Hall to next season’s accounts instead.
As for Chelsea, because the move comes with a guaranteed sale, the money can be included in this summer’s finances.
Hall travelled to Newcastle on Friday for a medical ahead of putting pen to paper on a contract with the Magpies, who he grew up supporting thanks to family ties to the region.
Newcastle boss Eddie Howe confirmed talks over Hall are nearing a conclusion and admitted he does not expect any further transfer business this summer.
“He’s a player that I like, very versatile, really good potential,” Howe said of Hall.
“I think if we were able to bring a player in, that would be our transfer business concluded unless there were injuries within our own players.”