Newcastle United have lost one of their young talents to Premier League rival Everton.

Seventeen-year-old Lewis Gibson finalised a switch to the Merseyside club on Thursday.

The Chronicle claims that an initial £1m fee was agreed, but the figure could rise to £6m.

Gibson, who will join up with Everton’s Under-23s side, has put pen to paper on a three-year contract.

The transfer is a slightly strange one from Newcastle’s point of view as the club were seemingly impressed with the defender having recently promoted him to the reserve team.

Gibson’s performances in the Under-18s side last season warranted him a step up, but the youngster will now continue his development at a different club.

The defender is making progress on the international stage as well after he earned a place in the England Under-17s squad for the European Championships, which ended in a penalty shootout defeat to Spain.

After Gibson’s move was confirmed, Newcastle fans took to Twitter with differing views.

Some are unhappy that the club sanctioned a move, while others are satisfied with the cash the Magpies will receive.