AN investigation into suspected fraud surrounding Aleksandar Mitrovic's move to Newcastle United is continuing and there have been two arrests after a series of raids across Europe.

Authorities in Belgium are conducting inquiries into suspected money laundering related to transfers in the country before this year.

Mitrovic's £13m move from Anderlecht to Newcastle four years ago has been included in the investigation and the Belgian FA's headquarters was searched in April.

There have been further raids over the last 24 hours in London, Monaco and Belgium.

In Monaco an agent was detained, along with his assistant who was held in the Belgian city of Liege.

A statement from the Belgian prosecutor's office said: "The facts involve notably money-laundering operations and private corruption in the context of football player transfers."

Mitrovic, 24, is not thought to play any part in the investigation.

The recent arrests are not linked to an inquiry into suspected fraud involving transfers during the 2017-2018 season, officials say.