Overview

• After rejecting Newcastle’s initial €30 million bid, AC Milan and the Premier League club agreed on a €40 million package comprising a €35 million base fee and up to €5 million in bonuses.
• Thiaw has agreed personal terms on a four-year contract running through 2029 with Newcastle United.
• Schalke 04 stands to receive roughly €2.5 million to €3 million from a 10 percent sell-on clause on any profit Milan makes from the transfer.
• His market valuation eased from around €30 million in late 2023 to roughly €18 million after he lost a starting role at Milan last season.
• Thiaw joined Milan for about €9.3 million in 2022, made 85 appearances for the club and has earned three caps for Germany.