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Rummenigge Ridicules Newcastle Over Woltemade Fee After Bayern Pulled Out

The Bayern figure warned that escalating transfer and salary costs under Germany’s 50+1 model make it harder to compete with billionaire-backed Premier League clubs.

Overview

  • Newcastle signed Nick Woltemade from Stuttgart for a reported club‑record sum, with figures ranging from €85m to roughly €90m (£64.9m).
  • Bayern pursued the striker through the summer but walked away when Stuttgart’s valuation climbed beyond what club leaders considered acceptable.
  • Karl‑Heinz Rummenigge said he could “congratulate Stuttgart for finding ‘an idiot’ who paid that much money,” adding Bayern would not have matched the price.
  • He criticized the rapid rise in fees and wages and cited state- or billionaire-owned teams in England as shifting the competitive balance.
  • Woltemade has begun contributing at Newcastle with 3 goals in 8 appearances, including one in a 2-1 defeat to Arsenal.