Newcastle United have reached an agreement with Watford for the signing of Joao Pedro. The 20-year-old was one of the top players for the Hornets, but has now returned to the Premier League with one of the most up-and-coming teams in the division.

Watford will be receiving £25 million up-front, and £5 million in add-ons for the player. The deal also includes a 10% sell-on clause, which means that Watford will be entitled to the agreed percentage of any future fee that Newcastle receive for the player.

Joao Pedro to join Newcastle United

João Pedro to Newcastle, done deal and here we go! Full agreement as Watford have now accepted final, official bid worth £25m fixed fee, £5m add-ons. 🚨⚪️⚫️🇧🇷 #NUFC

Deal will also include sell-on clause for 10%. Personal terms already, as been told contract will be until 2028. pic.twitter.com/MejBeGtHQO
— Fabrizio Romano (@FabrizioRomano) August 22, 2022

The Brazilian was very impressive during his time in the Premier League, even though he couldn’t avoid relegation last season. He is still very young, and has a lot of room to develop further. As a result, Newcastle United have managed to pull off a great deal for a great talent.

Once the formalities for the transfer have been completed, Joao Pedro will be officially presented as a new signing.

Watford have already had to let go of Emmanuel Dennis, and have now been forced to sell Pedro. They were keen to keep hold of the youngster but were unable to deny him a return to the top flight.

Aston Villa were in talks with Ismaila Sarr for a potential move, but it seems like the deal will collapse even though it was all agreed between the two clubs.