Newcastle have completed the signing of West Ham full-back Harrison Ashby in a deal worth an initial £2million.
Hammers boss David Moyes confirmed the academy graduate’s imminent departure following Monday night’s FA Cup fourth-round victory over Derby.
Ashby had been keen to join Newcastle last summer, with the Magpies looking for back-up to England right-back Kieran Trippier.
The 21-year-old was then into the final year of his West Ham deal but the club held firm in the hope that he could be convinced to sign a new contract this season.
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That has not been the case, however, and with less than six months left on his contract, the two clubs have now come to an agreement.
✍️ We are delighted to announce the signing of Harrison Ashby from West Ham United!
— Newcastle United FC (@NUFC) January 31, 2023
Welcome, @harrisonashbyy! ⚫️⚪️
Ashby would have been a free agent at the end of his contract in the summer but West Ham would have still been entitled to a compensation settlement from Newcastle, with the exact amount to be decided by a tribunal.
The fee could rise further with add-ons, while West Ham also have a sell-on clause inserted as part of the deal, which would see them entitled to a percentage of any future transfer fee.