The Premier League club, who have been cleared to hold talks with PSV attacking midfielder Georginio Wijnaldum, are set to press ahead with a deal for the 20-year-old after reportedly agreeing a fee.
Newcastle are reportedly willing to pay around ??13million for the 20-year-old forward, who scored 20 goals in 37 Belgian Pro League games last season for Anderlecht.
The Serbian’s agent, Pini Zahavi, has indicated that the transfer is near completion, telling local Belgian media: “The formalisation of the transfer will be made in the coming hours.”
After having made no signings so far this summer, new head coach Steve McClaren appears to be closing in on his two main targets, with moves for Schalke defender Joel Matip and QPR striker Charlie Austin also mooted.