Newcastle to close deal for Depor's Coloccini

Newcastle United were in advanced talks with Deportivo La Coruna last night over a deal for Fabricio Coloccini.

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The Daily Mail says Depor president Augusto Lendoiro had warned Newcastle that the deal would be postponed if it was not concluded quickly.

The two parties were £1.4million apart in their valuation of the 26-year-old centre-half but a compromise is believed to have been drawn up.

The package, put together by Dennis Wise and Tony Jimenez, involved an £8.8m downpayment plus potential add-ons of £800,000.

That was short of Deportivo's asking price but the parties were attempting to negotiate a settlement with Coloccini still desperate to move to St James' Park.

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