Not true, because he is under 24, Newcastle will be entitled to a fee for him as long as they offer him a contract. The same as when we got a fee for Harding, even though he was out of contract.
Something that hasn't already be mentioned... Poyet has said the squad is too big. Expect to see at least 2 players leaving for every new signing. Supposedly the squad will be 23 or 24 players next season. At the moment we have 36 players, including loanees and those on loan to us.
I always think the transfer fees are a moot point. They fall into insignificance when you consider the cost of paying a top class player's wages over 2-3 seasons. I would be more interested to know the increase in playing budget, rather than the money set aside for transfers.