Former Blue Kieron Dyer has completed his move from Newcastle to West Ham. Town are set to get a small windfall from the Magpies' profit on the £6.5 million they paid the Blues for the midfielder after his move in 1999.

The Hammers are understood to be paying Newcastle £7 million with Town due an undisclosed percentage of the profit, believed to be either 10 or 20%. If the deal is 20% like the similar Darren Bent clause, Jim Magilton would see another £100,000 added to his transfer budget.

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