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Speaking on the Talking Transfers Podcast, Graeme Bailey shared what he knows about James Madison and Newcastle’s interest in the midfielder.

It has been widely reported that Magpies have turned down two offers to star in Foxes, but according to Bailey, the move would be very difficult.

It led the journalist to believe Leicester would not consider any offers worth less than £60m for the England international, but he also stated that Newcastle had been told he could leave for less than that figure.

It’s fair to say there’s some mixed messaging going on here, but Bailey says he doesn’t see this deal happening.

What was said?

Billy shared what he knows about Madison.

Leicester, sources close to their camp say they wouldn’t even consider an approach for less than £60m. “Someone is telling Newcastle they can take him out for less than £60m, but I don’t think they can,” Bailey said.

“If it got to that level, we know Newcastle, they pulled out of Moussa Diaby’s move because it was that pricey and he was underpaid. Madison is already paid well, so to bring him to Newcastle you have to make him the highest-paid player in the club. This move doesn’t fit. With what Newcastle did this summer.”

Photo by Joe Pryor/Vigenhouse via Getty Images

decline

£60m is a lot of money for James Madison and, as Bailey says, it’s hard to see the Magpies going in for that deal at this price.

The Tyneside Club may be the richest on the planet, but they’re not petty spenders.

Every deal United have made since the takeover has been of relatively good value and, at £60m, it’s fair to say the club would be paying a little extra for Maddison.

Don’t hold your breath waiting for Maddison to arrive at St James’ Park.

Photo by Massimo Insabato/Masimo Insabato Archive/Mondadori Portfolio via Getty Images

In other news, Sven Putman in Howe’s 8 Newcastle Undroppables against Nottingham Forest

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