Arsenal and Newcastle Reach Agreement, Guimarães Set for Move

Contrary to reports last week in the English media suggesting Arsenal and Newcastle had reached an agreement for Bruno Guimarães, it appears those claims were premature. Negotiations between the two clubs continued, and after coming very close to a deal yesterday, an agreement has now been finalized today.

The Gunners are set to pay £75 million for the Newcastle captain. The Brazilian international has been granted permission to travel for a medical examination. Guimarães had joined the Magpies for their pre-season training camp in Spain but was awaiting the finalization of the agreement, and his focus is now firmly on Arsenal.

Earlier this summer, the midfielder informed Newcastle management of his desire to move to the champion of England if a suitable offer arrived. London initially proposed a significantly lower sum, while the Magpies sought a higher fee. Ultimately, the two clubs settled on £75 million. Guimarães' former club, Lyon, will receive 20 percent of the transfer fee, which amounts to approximately £6-7 million.

The Brazilian's departure is another indication that the club is set to significantly alter its transfer policy, leading to concerns among fans that investments at St. James' Park will be considerably reduced. This summer, Newcastle has also parted ways with Anthony Gordon, who moved to Barcelona, and Sandro Tonali, who joined Tottenham.