Watford manager confirms 'derisory' Newcastle United bid for Joao Pedro – but offers transfer hope

Watford manager Rob Edwards has confirmed Newcastle United’s initial bid for Joao Pedro is ‘not anywhere near’ the club’s valuation.

Newcastle were understood to have tabled a £20million bid for the 20-year-old Brazilian that was promptly rejected by Watford, who value the player closer to £35million.

And Edwards confirmed: “The bid that has come in that's been talked about, it's not anywhere near the level that we'd expect it to be for him.”

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While United aren’t considering getting close to Watford’s valuation, they are preparing an improved offer in the region of £25million plus add-ons.

João Pedro of Watford during the Sky Bet Championship between West Bromwich Albion and Watford at The Hawthorns on August 08, 2022 in West Bromwich, England. (Photo by Gareth Copley/Getty Images)
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It is unclear whether Watford will accept a fresh bid from Newcastle as manager Edwards is keen to keep the player at Vicarage Road this season.

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But The Hornets boss has admitted that an improved offer would at least be considered by the club.

He added: "If anything else was to come in again, then we'll sit down and talk about it as a club and as a board."