Newcastle will regret refusing to pay £500,000 for Aaron Ramsey in 2006

Newcastle United reportedly turned down the chance to sign Wales international Aaron Ramsey for £500,000 in 2006 when he was with Cardiff City, and it is a mistake that the club should be regretting even to this day.

The midfielder missed out on playing for his country during the international break because of a minor injury issue, but he has once again been in fine form in the middle of the park for Arsenal this season.

According to a report in The Express in 2014, then Magpies scout Neil Bartholomew had recommended that the Tyneside outfit sign Ramsey from the Welsh club when he was 15 years of age, with Newcastle even flying the teenager – who was keen to make the move – and his parents to the city on more than one occasion.

However, the report says that they balked at paying the £500,000 fee to take him from the Cardiff academy – which will annoy the St James’ Park faithful who have slammed owner Mike Ashley this week – and he eventually joined Arsenal in a £5m deal following two impressive seasons in the first team for the Bluebirds.

According to The Express, a source said: “The annoying thing is that the young lad was keen to sign and it would only have cost £500,000. Look at what he must be worth now.”

Ramsey has since gone on to score 55 goals and provide a further 55 assists – as per Transfermarkt – in 322 appearances for the north London outfit, while he has also netted 13 times in 52 caps for his country.