Newcastle are believed to have already opened talks with PSV Eindhoven over a potential move for striker Ola Toivonen.
The Magpies are tracking the 25-year-old Sweden international who played against England at Euro 2012 and although an offer has yet to be made, reports in Holland say initial talks have taken place.
Toon boss Alan Pardew is on the look out for a new striker and is known to be keen on FC Twente star Luuk de Jong, however Toivonen would be a much cheaper option at £5million.
As usual a host of clubs, including Sunderland, have also been linked with a move for the Swede but Newcastle are likely to be favourites if Pardew pursues his interest.
Toivonen has a contract until 2014 but says he is open to a move should PSV decide to sell.
"If something interesting comes along, I will look into it," he revealed. "There are rumours, but I have learned to live with them. I don't know which clubs are really interested."
Much will also depend on the future of Demba Ba, who is set to hold talks with Pardew when the Magpies return for pre-season training next week.
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