Premier League giants Newcastle missed out on signing a mega bucks superstar for a modest fee.

Brighton netted £115 million by allowing Chelsea to sign midfielder Moises Caicedo.

However, former Newcastle boss Steve Bruce admits they could have signed Caicedo for just £4.5 million.

He told William Hill and Footy Accumulators' No Tippy Tappy Football podcast: "When I was at Newcastle we tried to sign Moises Caicedo for £4.5 million and I remember thinking what a good player he was.

"The chief scout at Newcastle, Steve Nixon, came and told me that I had to see him play and that he was sensational.

“He ended up choosing Brighton instead of Newcastle.

"That will go down as one that we missed out on because now he's gone on to become the British record transfer fee for £115 million, but he is a top, top player."