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Rummenigge Calls Newcastle "Idiots" Over Woltemade Fee as Howe Dismisses the Jibe

Newcastle's head coach says market forces justified the £69m deal after Bayern chose not to meet Stuttgart's price.

Soccer Football - DFB Cup - Final - Bayer Leverkusen v Bayern Munich - Olympiastadion, Berlin, Germany - July 4, 2020 Bayern Munich chairman of the board Karl-Heinz Rummenigge before the match, following the resumption of play behind closed doors after the outbreak of the coronavirus disease (COVID-19) Robert Michael/Pool via REUTERS
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Overview

  • Bayern Munich board member Karl-Heinz Rummenigge said Stuttgart had found an "idiot" to pay for Nick Woltemade, insisting Bayern would not have met the asking price.
  • Newcastle signed the 23-year-old striker from VfB Stuttgart for a club-record fee widely reported at about £69m, with other reports citing €75m plus €5m in add-ons.
  • Bayern pursued Woltemade through the summer but, after multiple rejected bids, walked away as the fee rose beyond what they considered acceptable.
  • Eddie Howe called the criticism "irrelevant," arguing that the market sets fees and stressing Newcastle are pleased with Woltemade's start.
  • Stuttgart CEO Alexander Wehrle wryly welcomed the "congratulations" from Munich, as Woltemade begins with two Premier League goals in three games and targets his first Champions League start.