Newly-rich Newcastle United have officially announced their second signing following their Saudi Arabia-backed takeover that saw them become one of the richest clubs in the world.
Last week, the Magpies welcomed England international Kieran Trippier from Atletico Madrid, where he won LaLiga last season.
The right-back joined the Eddie Howe’s project in a deal reportedly worth £12 million (R253 million), with the club now spending more to strengthen their chances of avoiding relegation from the Premier League.
On Tuesday, reports suggested Burnley striker Chris Wood had emerged as a top target for Howe. The deal has now been completed for around £25 million (R527 million).
Burnley are believed to be furious to have lost the New Zealand forward to Newcastle, who they are currently tied on points with near the bottom of the table.
Signing the forward significantly improves the Magpies, while it simultaneously weakens Sean Dyche’s squad ahead of what will be a testing few months for both sides.
The 30-year-old joined Burnley from Leeds United in 2017 and now leaves the club after contributing to 62 goals in 165 appearances in all competitions.
Below are more transfers, along with Trippier's move to Newcastle, that were completed last week: