Newcastle United have announced the signing of one of their key targets this summer, as Harvey Barnes was officially unveiled by the club on Sunday.

The Magpies have reportedly paid Leicester City $50 million for the English star, according to Sky Sports.

Harvey Barnes set to replace Allan Saint-Maximin

The official announcement surrounding the new addition was made on Sunday, with the club paying nearer to Leicester’s asking price than they were expecting.

Newcastle was looking to pay a fee in the region of $38 million, while the Foxes were asking for $55 million.

The new addition played 187 times for Leicester after coming through the club’s academy, and was a key player in their FA Cup winning success under Brendan Rodgers.

Barnes is expected to be a direct replacement for Allan Saint-Maximin, who is edging nearer to a move to Saudi Pro League club Al Ahli for a fee of $48 million.

Barnes is expected to add goals to the Newcastle forward line, as the 25-year-old netted a career-best tally of 13 in the Premier League last term.