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Newcastle confirm £39million Jacob Ramsey signing from Aston Villa – as Magpies take advantage of rivals need to comply with UEFA financial rules

Related Topics: Newcastle United, Jacob Ramsey

Newcastle have confirmed the signing of Jacob Ramsey from Aston Villa in a £39million deal.

Ramsey had been at Villa since the age of six but the club's financial position with regards UEFA spending rules meant his sale, as an academy graduate, was necessary.

The package includes a further £4m in add-ons, with the midfielder becoming Newcastle's fourth summer signing after signing a long-term deal.

He told the Magpies' official site: 'I'm delighted to be here. It's been a mad two or three days, but I'm really happy to be here and I can't wait to get started.