Newcastle have started throwing their new Saudi owners’ money around this month, and have triggered the release clause of Burnley striker Chris Wood.
The 30-year-old is not the kind of glamourous big-name fans have been dreaming about, but at a fee of around £20million, he is certainly a significant investment.
The Burnley striker arrived on Tyneside last night and will go through the usual formalities and medical with Newcastle experiencing no hitches so far.
What is Chris Wood’s transfer fee to Newcastle?
The Clarets reluctantly parted ways with Wood and the clause in his contract proved a major factor.
Although, Burnley also sees a fee of £20million upwards as a good price for the striker.
What is Chris Wood salary at Newcastle?
It is not too clear how much he will be earning as salary at the club but several reports say he will earn £160,000 per week.
The New Zealand international will become the second signing of Newcastle’s Saudi-led regime, following the £12million arrival of Kieran Trippier from Atletico Madrid last week.