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Newcastle and Dortmund beaten to €25m Plea by record-breaking Gladbach

Borussia Monchengladbach have won the race to sign sought-after French forward Alassane Plea from Nice.

The 25-year-old has inked a five-year contract with Dieter Hecking's side to end a lengthy battle for his signature, which is estimated to have cost the Bundesliga side a record €25 million (£22m/$29m).

His impressive return of 21 goals in all competitions last season is believed to have sparked keen interest from Newcastle United and Borussia Dortmund, who are coached by Plea's former Nice boss Lucien Favre.

But the former Lyon man ultimately settled on a switch to Gladbach to the delight of sporting director Max Eberl.