Former Loanees Clinch Permanent Switch
Newcastle United have wrapped up the permanent transfers of Facundo Ferreyra and Antonio Valencia.
Both players have joined the club following successful loan spells last season, as they contributed to Newcastle's fantastic 4th place Premier League finish, Capital One Cup Final success and FA Cup run that ultimately ended in defeat in the Final.
Argentine forward Ferreyra originally arrived at St. James Park on loan from Ukranian outfit Shakhtar Donetsk, and enjoyed a lethal streak in front of goal, bagging 21 goals in all competitions. At an earlier stage in his career, the former Banfield striker was touted as the next big thing and even scored 10 goals in 20 appearances for the U21 national team, but it was not until his period in the North-East where he finally fulfilled his potential.
Wide-man Valencia was already an experienced player within the Premier League and was signed on from league rivals Manchester United. Having lost his place in the Red Devils side and being ridden with injuries, Valencia was able to rejuvenate his career at Newcastle, with a series of eye-catching displays. He went onto score 10 goals from the right wing position and managed an astonishing 17 assists.
It was not a tough decision then for Santiago Muñez to bring back two very influential figures from his team that performed so well. Negotiations with Shakhtar were made much easier by a clause which enabled the Magpies to sign Ferreyra permanently for as little as £6m, and they were also able to agree on an £8.5m fee for the Ecuadorian international Valencia.
It was confirmed on Newcastle's official website that 24 year old Ferreyra has agreed a three year deal, while 29 year old Valencia has settled for a contract of the same length. The club has also announced the official release of 5 senior players alongside 12 youth players.
Jonas Gutierez, Ryan Taylor, Sammy Ameobi, Jak Alnwick and Remie Streete have all been told that they have not been offered fresh terms with the Geordies. A dozen Academy players are also on their way out of the club, after the expiration of their contracts.
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