Newcastle are close to completing the signing of Dutch striker Luuk de Jong in a deal worth £8.5million, according to the Daily Mirror.
The Magpies have been chasing De Jong for a long time, and look finally set to get their man, after Dutch rivals Ajax and PSV were priced out of a move.
Borussia Monchengladbach are demanding £8.5million for the former FC Twente star, and will sanction the deal once they bring in a replacement.
De Jong has struggled to settle in Germany, and has barely featured this season.
The Bundesliga club wanted out of favour Newcastle striker Papiss Cisse as part of the deal, however the Senegal international wasn’t interested in a return to Germany.
Newcastle hope to have De Jong signed in time to make his debut at Norwich next Tuesday.
The clubs may look to push through an initial loan signing, with a view to the deal being made permanent in the summer, in order to ensure the transfer is successfully completed this month.
Monchegladbach will demand an initial £7million for the forward, with the rest being made up in add ons.
The total fee will still come to less than the £10million the Magpies offered FC Twente for the forward before his move to Germany.