Newcastle accepts £75 million for Bruno Guimaraes from Arsenal

Newcastle United sold Bruno Guimaraes to Arsenal for a guaranteed fee of £75 million, concluding a lengthy transfer saga. While the club had previously claimed Guimaraes was not for sale and issued a valuation of £100 million, reports indicate that senior figures now accept this outcome was not ideal. Arsenal believes it secured a bargain, saving £25 million compared to Newcastle's earlier valuation. The sell-on clause to Lyon further reduces Newcastle's earnings from the transfer. Newcastle's focus is now on finding a replacement for Guimaraes as they prepare for the upcoming season.

• 6:30 PMYahoo Sports — New Reports Reveal Why Newcastle Fell Short in Bruno Guimaraes Transfer