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Ivan Toney won’t be joining Newcastle, but £20m Dion Drena Beljo a live option

Newcastle United are continuing to explore their options ahead of the January transfer window, with another striker potentially on the agenda as Matthias Jaissle looks to improve our attacking…

Published: Tuesday, 10 November 2026 at 5:16 PM
Ivan Toney won’t be joining Newcastle, but £20m Dion Drena Beljo a live option
Key Things to Know
  • A January move for Ivan Toney is reportedly off, making Dion Drena Beljo a more realistic target for Newcastle.
  • Newcastle scouts have reportedly tracked Dinamo Zagreb forward Beljo, who is valued at around £20 million.
  • Toney's age and substantial wage packet make a permanent transfer deal a non-starter for Newcastle.
The Story in 60 Seconds

Newcastle United will reportedly not pursue a January move for Ivan Toney, but the club has identified Dinamo Zagreb forward Dion Drena Beljo as a realistic transfer target. While Newcastle manager Matthias Jaissle previously worked with Toney at Al-Ahli, the 30-year-old striker's substantial wage demands and age make a return to Tyneside a non-starter, according to The i Paper.

Instead, Newcastle scouts have monitored the 24-year-old Beljo in recent months, with the Croatian forward currently valued at around £20 million. Beljo, who is under contract at Dinamo Zagreb until 2030, has registered 18 goals and six assists in 19 appearances this season.

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