A big update has emerged on Newcastle United's pursuit of Atletico Madrid left-back Renan Lodi heading into the summer transfer window.

What's the talk?

Sky Sports reporter Keith Downie has confirmed that the club are eyeing up a potential deal for the Brazilian defender and has pointed out that PIF already have an existing relationship with the Spanish side.

Downie Tweeted: "Understand Renan Lodi is a player Newcastle have looked at & could potentially form part of their summer plans. 15-times capped Brazilian international left-back. Newcastle have already done business of late with Atletico for fellow full-back Kieran Trippier #NUFC."

Jacque Talbot replied to this with an update to the story, Tweeting: "Just to add to this report by @SkySports_Keith, price I was told for Renan Lodi is around £42million, but there could be some flexibility around how it’s paid."

This comes after Brazilian journalist André Hernan recently claimed that the club have been in talks over a swoop for the left-back, with Downie now confirming the interest and Talbot revealing the potential price.

Eddie Howe will be buzzing

This claim from Downie will surely leave the Toon head coach buzzing as the full-back would be an excellent signing for the club.

He already has a pre-existing relationship with current Magpies defender Kieran Trippier and this could help him to hit the ground running on Tyneside.

The pair played alongside each other in 68 matches for Atletico - totaling over 4,200 minutes of action as part of Diego Simeone's backline. This suggests that they know each other well and that Trippier will be able to assist Lodi in settling in under Howe.

Whilst playing for the La Liga outfit, they would need to know when and when not to go forward as one would need to stay back to cover at the back when the other goes forward. This means that there will be no excuses for them not having that connection on the pitch for Newcastle next season.

This will be particularly important for the Toon as the Brazilian left-back is a threat in the final third. He has created an impressive seven 'big chances' in his last 24 starts in La Liga, which shows that he has a terrific left-foot capable of putting chances on a plate for forwards.

Therefore, Howe will be delighted with the club's pursuit of Lodi as he can slot straight into his Premier League squad next season and provide an exciting full-back duo alongside Trippier.

AND in other news, Howe now plotting £17m move for “terrific” machine, he'd be a “big influence” at NUFC...