---
title: "Newcastle United: Second Joao Pedro bid rejected"
canonical: "https://www.footballtransfertavern.com/watford-transfer-news-pedro-premier-league-2/"
type: "post"
language: "en-GB"
author: "Adam Clancy"
section: "Newcastle United News"
published: "2022-08-19T10:43:29Z"
modified: "2022-08-19T10:43:29Z"
---

# Newcastle United: Second Joao Pedro bid rejected

**The Kingdom of Saudi Arabia’s (KSA) Public Investment Fund (PIF) are pushing to sign Joao Pedro for [Newcastle United](https://www.footballtransfertavern.com/newcastle-united-news/), after a second bid was rejected.**

### The Lowdown: ‘Confidence’ in deal

The Daily Mail journalist Craig Hope [revealed](https://www.footballtransfertavern.com/newcastle-united-news/watford-transfer-news-pedro-premier-league/) this week that the St. James’ Park outfit would come back to Watford with an improved offer for Pedro, after having their first bid of £20m rejected.

He added that there is ‘confidence’ that a deal could be agreed by the end of this week, but it looks as if the Hornets are playing hardball with their £35m valuation of the player.

### The Latest: Second bid rejected

Taking to Twitter, Watford correspondent for The Athletic, [Adam Leventhal](https://twitter.com/AdamLeventhal/status/1560328445250473988), has since revealed that a second bid in the region of £25m for Pedro from the North East club has also been rejected by the Hornets, and it is ‘unclear’ whether they will go back in with a third offer:

*“#WatfordFC reject 2nd bid in region of £22m + £3m add-ons from #NUFC for Joao Pedro, The Athletic understands. Initial bid package for 20-yr-old Brazilian was in region of £20m (£17m + 3m). Unclear if end of matter at this stage.”*

\[freshpress-quiz id=”389224″\]

### The Verdict: Keep pushing

Eddie Howe’s team need to keep pushing if they are to get this deal over the line.

\[freshpress-poll id=”406552″\]

Hailed as an ‘[exciting](https://www.sportsmole.co.uk/football/blackburn-rovers/championship-promotion-race/news/xisco-munoz-lavishes-praise-on-joao-pedro_436650.html)‘ player by his former manager at Watford, Xisco Munoz, Pedro is already off the mark for this campaign, and has a total of [14](https://www.transfermarkt.co.uk/joao-pedro/leistungsdatendetails/spieler/626724/plus/0?saison=&verein=1010&liga=&wettbewerb=&pos=&trainer_id=) goals for the Hornets over the last three seasons.

The Brazilian is only 20 years of age, and so the Magpies would be buying into his potential – if Eddie Howe believes that potential is sky high, then the board need to trust him and splash the cash.