Newcastle United are interested in Argentina's World Cup left-back Nicolas Tagliafico, according to the Newcastle Chronicle.

What's the story, then?

The Chronicle claim that Rafa Benitez likes the look of the Ajax defender but that his valuation of £8m may prove to be beyond the former Liverpool manager's budget as he wrestles with the constraints enforced by chairman Mike Ashley.

They say that fee, combined with the wage demands of the Argentine, may push him out of the realms Newcastle can afford, which would be a blow to Benitez's attempts to find cover and competition for Paul Dummett.

The report also links Newcastle with a move for Leighton Baines, although Tagliafico's wage demands apparently make him a more viable option than the Scouser.

Wolves can more than afford £8m

If there is one club in the Premier League operating in direct contrast to Newcastle's frugality, it is newly-promoted Wolves, who are approaching their return to the top flight in a completely different way to the Magpies' approach 12 months ago.

£8m is a drop in the ocean for the Old Gold and they need a left-sided defender to replace Barry Douglas, who has just moved to Leeds, despite the arrival of Jonny Castro, and the fact that he is a starter for Argentina and Ajax and could be available for that fee prove that he would be their best-value signing of what has been an impressive summer.

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