Newcastle have completed the signing of midfielder Jacob Ramsey from Aston Villa in a deal worth up to £43m.

The Magpies will pay an initial £39m plus £4m in add-ons for the 24-year-old, who has signed a five-year deal at Newcastle.

Ramsey will wear the No 41 shirt at St James’ Park, as he did at Villa.

The sale of academy graduate Ramsey represents pure profit for Aston Villa, who have been looking to sell a player to help with their Financial Fair Play (FFP) situation.

Ramsey, who had been a long-term target for Newcastle, had two years left on his Villa contract and departs having scored 17 goals in 167 appearances across all competitions for his boyhood club.

Ramsey: Newcastle is a huge move for me

Speaking as a Newcastle player for the first time, Ramsey said: “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.

“This is a big move for me, but as soon as I knew the gaffer was interested and really Iiked me, it didn’t take much time to decide.

“His track record of developing players, especially those who have gone on to become internationals here, speaks for itself.

“It was always a tough game playing for Villa against Newcastle – the team is full of energy, so athletic and the fans are so passionate.

“I feel my game will suit that and I’m excited to be on the other end of it now.”

Howe explains why Newcastle signed Ramsey

Newcastle boss Eddie Howe said Ramsey fits the profile of the “young and hungry” player he wants to recruit, while also bringing a wealth of Premier League experience to the club after featuring 136 times in the top flight.

“Jacob is another fantastic addition to our squad,” said Howe.

“His qualities will bring us something different on the pitch and he fits the profile of being young and hungry to develop, but also with a wealth of Premier League football under his belt.

“Jacob offers versatility and his directness in attack has proven to be a real threat at this level in recent seasons. He performed very well in the Champions League last season, too, and we believe he’ll be a major asset for us.”

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