Newcastle United takeover & transfer news: Winger pens Bundesliga deal as midfielder performs contract u-turn

MANCHESTER, ENGLAND - DECEMBER 26: Matty Longstaff of Newcastle United celebrates scoring their first goal during the Premier League match between Manchester United and Newcastle United at Old Trafford on December 26, 2019 in Manchester, United Kingdom. (Photo by Tom Purslow/Manchester United via Getty Images)

The 24-year-old Austria international winger will have a chance to play Champions League football with the Bundesliga outfit after joining from Italian side Inter Milan.

Sporting director Max Eberl told the cub's official website: "We're delighted that the loan move has gone through and that Tino has chosen to come to Borussia. He is a very versatile player and adds even more strength and depth to our squad."

Lazaro made 15 appearances for Newcastle during the second half of last season, 10 of them as a substitute, as he found chances limited at St James' Park.

He said on his official Twitter account: "Can't wait for @Bundesliga_EN & @ChampionsLeague nights with this great club."

Meanwhile, Matty Longstaff has agreed to stay on at United long-term following talks with manager Steve Bruce.