Newcastle United are set to reject the chance to sign Kenedy on a permanent basis this summer, according to the Chronicle.
The regional newspaper reports on their website that Kenedy – whose loan spell expires with the Magpies at the end of this season – has been valued at £30 million by his parent club Chelsea, and unless the price is decreased, they will not be pursuing a permanent deal for him.
The report stated that the club’s top brass are keen to invest the money that they would have spent on him in areas of the squad that need improving.
It is not a surprise in the slightest that Newcastle are set to snub a permanent deal for Kenedy. After the season he has had, it remains to be seen just where he will be playing next term. That being said, the Blues must be having a laugh with the £30 million that they have quoted Newcastle for his permanent signing. Seeing as he has not been a regular feature in the team recently – and when he has played, he has been abysmal – it does not make sense why Chelsea are intent on slapping an eight figure fee on his head. He is not even worth half that amount of money, so it is no wonder that Newcastle have turned their noses up at it. The report says that Newcastle will consider it more if the price decreases, but that does not look likely to happen any time soon. Put it this way though, the likelihood of seeing Kenedy – who is on £25,000-a-week [Spotrac] – in a club shirt next season are very slim indeed.