Newcastle must part with £20million in order to permanently sign Kenedy from Chelsea, according to Chronicle Live.
Brazilian winger Kenedy signed for Chelsea in 2015 and spent the second half of the 2017/18 season on loan at Newcastle United.
The 22-year-old went on to make 13 appearances for the Magpies, scoring two goals and assisting two during his spell in the north east.
With Chelsea in the throes of uncertainty with both their manager and owner unsure of their futures, the Blues are keen to offload some players in order to raise their own transfer funds.
According to the report, Chelsea want £20million for Kenedy which may price Newcastle out of the race to sign him, with RB Leipzig, Arsenal, PSG and Bayern Munich also rumoured to be interested in the player who is valued at £9million on Tranfermarkt.
Kenedy shone during his spell at Newcastle and quickly became a fan-favourite.
It is no surprise that Rafa Benitez wants the winger back at St James’ Park, but can Newcastle afford to spend £20million on one player when they have many areas to invest in this summer?
If they can raise the funds and see off the competition, Kenedy could become a really important player who is still improving, and is the sort of exciting talent that Newcastle fans will adore.