Nottingham Forest has completed the transfer of winger Anthony Elanga to Newcastle United for a total fee of £55 million. This move results in an impressive 400% profit for Forest, based on their initial investment in the player. Elanga’s successful season in the Premier League, with 17 goal involvements, facilitated his transfer. He will sign a five-year contract with Newcastle, which aims to strengthen its squad as it prepares for the Champions League competition. Further details on the implications of the transfer follow.
Nottingham Forest has finalized a notable transfer agreement with Newcastle United for winger Anthony Elanga, marking an essential moment in both clubs’ strategies. The transfer fee is reported to be £55 million, with £52 million payable upfront and the remainder contingent on performance bonuses. Negotiations regarding the payment structure were concluded last week, ensuring a smooth shift for the player.
Anthony Elanga, an ex-Manchester United winger, has been a key player for Nottingham Forest, participating in every Premier League match during the 2024-25 season. His contributions included 17 goal involvements that were critical in Nottingham Forest securing a seventh-place finish in the league. This achievement enabled the club to qualify for the Europa Conference League, greatly enhancing Elanga’s market value. With Newcastle, Elanga is excited to play in the Champions League, amplifying his ambitions for further success. Moreover, Newcastle’s fifth-place finish as a factor in attracting players is indicative of their ambition to compete at the highest levels.

Nottingham Forest stands to gain a reported 400% profit on the transfer, compared to the price paid to acquire Elanga. Additionally, Manchester United benefits from a sell-on clause from the initial sale to Forest, further complicating the financial implications.
After initial rejections in the negotiation process, Nottingham Forest received and accepted Newcastle’s improved offer, making this transfer the Magpies’ first major signing of the 2025 summer window.
Elanga’s skill set, which includes pace and creativity, aligns with Newcastle’s goal of strengthening their attacking options to compete at higher levels, including the Champions League. Following a successful season at Forest, Elanga is set to sign a five-year contract with Newcastle, contingent on passing a medical examination.
This move reflects both clubs’ ambitious plans, with Newcastle particularly focusing on acquiring young talent for future growth.













