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Newcastle’s €30m Offer for Malick Thiaw Rejected as Milan Hold Out for €35m

Massimiliano Allegri’s desire to retain the 23-year-old defender has pushed Milan to set a €35m valuation.

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Overview

  • Newcastle formalized a €30m bid for Thiaw on August 6, which AC Milan turned down in pursuit of a higher fee.
  • Milan’s preseason form for Thiaw and Premier League spending power underpin the club’s €35m asking price.
  • Thiaw made 31 appearances for Milan last season and previously declined a €25m move to Como to fight for his place.
  • Proceeds from a Thiaw sale could fund Milan’s pursuit of Parma centre-back Giovanni Leoni, valued at about €40m.
  • Newcastle regard Thiaw as a key defensive reinforcement ahead of their Champions League campaign but face a valuation gap.