---
title: "Newcastle United: PIF could offer Marco Asensio big pay rise"
canonical: "https://www.footballtransfertavern.com/marco-asensio-transfer-news-real-madrid/"
type: "post"
language: "en-GB"
author: "Adam Clancy"
section: "Newcastle United News"
published: "2023-03-03T06:35:21Z"
modified: "2023-03-03T06:35:21Z"
---

# Newcastle United: PIF could offer Marco Asensio big pay rise

**The Kingdom of Saudi Arabia’s (KSA) Public Investment Fund (PIF) could offer winger Marco Asensio a big pay rise to join [Newcastle United](https://www.footballtransfertavern.com/newcastle-united-news/) this summer.**

### The Lowdown: Out of contract

Asensio’s contract at Real Madrid runs out in the [summer](https://www.transfermarkt.co.uk/marco-asensio/profil/spieler/296622), meaning that he can leave as a free agent.

There has been plenty of interest shown in his signature already, [namely](https://www.footballtransfertavern.com/arsenal-fc-news/marco-asensio-transfer-news-tottenham-man-utd-madrid/) from North London pair Arsenal and Tottenham Hotspur, while Newcastle themselves were [linked](https://www.footballtransfertavern.com/newcastle-united-news/arsenal-transfer-news-asensio-real-madrid-barcelona/) with a move for him in the January transfer window.

### The Latest: Newcastle could offer big pay rise

According to [Spanish sources](https://www.fichajes.net/noticias/tres-estrellas-newcastle-20232024-asensio-raphinha-calvert-lewin-20230301.html), the St. James’ Park outfit are still interested in a move for Asensio ahead of the summer window.

The reports details that they could offer him a more ‘succulent’ contract than he is on at Madrid, where he is thought to earn around [€189,000-per-week](https://fbref.com/en/players/45af8a54/Marco-Asensio#all_wages) (£167,000).

[Newcastle news!](https://www.footballtransfertavern.com/web-stories/newcastle-news-7/)

### The Verdict: No-brainer on a free

Even though the Tynesiders signed a winger in Anthony Gordon in January, having the opportunity to sign a player of Asensio’s quality on a free transfer is one that they should be looking to take.

Hailed as a ‘[spectacular’](https://www.marca.com/radio/2022/06/22/62b2d841268e3ed9778b45d1.html) player by his former agent Horacio Gaggioli, the 27-year-old has had such a glorious career already, winning no fewer than [three](https://www.transfermarkt.co.uk/marco-asensio/erfolge/spieler/296622) UEFA Champions League titles with Real Madrid, along with a number of other major [accolades](https://www.transfermarkt.co.uk/marco-asensio/erfolge/spieler/296622).

He ranks in the [top 20%](https://fbref.com/en/players/45af8a54/Marco-Asensio#all_wages) for a number of key metrics among his positional peers in Europe’s top five leagues over the past year, and would be a valuable addition to the Magpies squad.

However, the Toon would have to make him their [highest-paid](https://fbref.com/en/squads/b2b47a98/2022-2023/wages/Newcastle-United-Wage-Details) player, and will not want to break their wage structure.

\[freshpress-quiz id=”418867″\]