Soccer-Bayern's Rummenigge says Newcastle were 'idiots' to pay so much for Woltemade


Soccer Football - DFB Cup - Final - Bayer Leverkusen v Bayern Munich - Olympiastadion, Berlin, Germany - July 4, 2020 Bayern Munich chairman of the board Karl-Heinz Rummenigge. Robert Michael/Pool via REUTERS

(Reuters) -Bayern Munich board member Karl-Heinz Rummenigge said Newcastle United were "idiots" for meeting VfB Stuttgart's asking price for Nick Woltemade after they stumped up a reported 63 million pounds ($84.74 million) for the German striker.

Bayern had also been interested in signing the 23-year-old but dropped out of the running due to the fee quoted by their Bundesliga rivals.

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