Newcastle are keen to keep splashing the cash after making Matt Targett their first summer signing in a £15million deal from Aston Villa.
Defence is a priority and Newcastle have identified alternatives if they cannot land their No 1 target Dutch international Sven Botman from Lille. The Magpies have offered £30million for Botman and will move on if he continues to hold out on them because he prefers a move to Serie A champions AC Milan.
Newcastle are also interested in Burnley's England goalkeeper Nick Pope, but not at the £40million fee being quoted by the Clarets.