Newcastle United have completed the signing of Jacob Murphy from Norwich City.


it was opportunity I couldn't turn down, a chance to test myself in the premier league and play under Rafa Benitez. To the fans, you have been amazing with me since day one from the FAYC days all the way to now, through the good times and the bad. The support you gave me was incredible and couldn't have asked for much more! You'll hold a special place in my heart and created memories I'll never forget. I would also like to say a special thank you to Delia, Michael and Etty for the love and support they have shown for the past 11 years. Also a massive thank you to all my former managers, Ricky Martin, team mates and all the back room staff that have made my time with @norwichcityfc so enjoyable. I wish everyone involved at the club all the best for the new season and I'll be following closely the results! @norwichcityfc #ncfc

A post shared by Jacob Murphy (@jacobmurphy95) on

The fee is believed to be around £12.5m for the 22-year-old, who has already joined up with his new team-mates at their pre-season training base in Ireland.

Murphy told the Newcastle United website: 'It was a childhood dream of mine to represent Newcastle and the opportunity is now here. I can't wait to get started.'

Manager Rafa Benítez added: 'He's a young and talented player and hopefully he can develop even more here.

'We hope he can show us the passion, commitment and ability that he showed in the Championship last season.'

Newcastle initially had an £8m bid rejected last week but returned with a £10m 'take-it-or-leave-it' offer for the winger.

City sporting director Stuart Webber negotiated an extra £2.5m out of the Premier League side which will be dependent on a number of clauses. It is unknown at this stage whether City have also inserted a sell-on clause.

Murphy was one of the few players to emerge with any credit from last season and also starred at the European Under-21 Championships with England.

Stuart Webber made it clear that savings would have to be made this summer and a decision has been made to part with one of the Canaries' prized assets.

Fans shouldn't expect City to make a big splash in the transfer market themselves as a result. City have already made seven signings this summer and the money from the sale of Murphy will clear the club's overdraft, which built up after their relegation from the Premier League.

It is understood there will be money to do more business before the window shuts but City will continue looking for bargains whilst also possibly another Premier League loan.