Negotiations between Manchester City and Newcastle United regarding Kalvin Phillips have reached an impasse, according to information from HITC Football. Despite initial expectations of progress this week in discussions for Phillips to transfer to St James’ Park, such advancements have not materialized thus far.
Over the weekend, Manchester City secured a crucial 3-2 victory at St James’ Park, with Kevin De Bruyne playing a pivotal role upon his return to the team. However, it appears that this setback might not be the only challenge for Eddie Howe’s side. Sources now indicate that the agreement between Manchester City and Newcastle for Kalvin Phillips has hit a snag, adding another layer of complication for the team that had initially led 2-1 against the reigning Premier League champions.
Phillips standstill
HITC reported last week that discussions between the two clubs were scheduled following their Premier League encounter at St James’ Park, and indeed, talks did take place. However, the outcome was not favorable, with minimal progress made in reaching a deal. According to HITC Football, the stumbling block revolves around Newcastle’s reluctance to meet Manchester City’s current demands.
Sources reveal that City is seeking a £5 million loan fee, with the majority of Kalvin Phillips’ £150,000 per week wages to be covered by Newcastle. The Geordie side, however, has balked at these terms, citing Financial Fair Play (FFP) rules as a hindrance to such an agreement. Additionally, City is aiming for an obligation clause in the deal, which further complicates the negotiations.
Phillips’ stance
During the summer, there were speculations about a potential departure from Manchester for Kalvin Phillips. Despite featuring in only 21 matches across all competitions for Manchester City and making just 12 league appearances, totaling 290 minutes of playing time, the English midfielder chose to stay with the club.
In the current season, Phillips has participated in 10 games across various competitions, including four Champions League fixtures. Recognizing that a move away from Manchester would likely be beneficial for his career, Phillips and his representatives have explored various options. Sources indicate a preference for a move to Newcastle, despite other clubs like Crystal Palace, Fulham, and West Ham United being linked. However, City’s financial demands are currently considered beyond the reach of these clubs.
While a move abroad remains a possibility, City’s asking price is deemed unreasonable at this point, dissuading potential negotiations from taking place.