The Magpies signed the Netherlands international in summer 2014 after he’d lifted four Eredivisie titles with Ajax.
But injuries have limited the versatile attacker to just 22 Premier League outings in two seasons, producing a return of just a single goal.
The Magpies’ squad has become somewhat inflated this summer, with Everton defender Brendan Galloway set to become their tenth summer signing.
Consequentially, The Chronicle report that Rafa Benitez is ready to sanction De Jong’s departure, although he’s still a few weeks away from full fitness after picking up a hamstring injury.
And it’s further claimed that PSV are interested in signing the 27-year-old in a move that would see him join up with brother and one-time Newcastle loan acquisition Luuk de Jong.
Between them, the de Jongs boast 17 caps and five goals for Oranje.