Premier League sides Everton and Southampton will have to pay £10million if they want to land Sean Longstaff, according to reports.
The Newcastle midfielder, 23, recently entered the final 12 months of his contract at St James’ Park.
He could be sold this summer to prevent the Magpies from losing him on a free in 2022.
Newcastle have set their asking price at £10m according to Dailymail.
They are open to letting him join a Premier League rival so they can boost their transfer funds before the window shuts on August 31.
Everton boss Rafa Benitez is hoping to reunite with the Englishman, who is a product of Newcastle’s academy.
The pair worked together during Benitez’s tenure in the north east between March 2016 and June 2019.
The manager views Longstaff as a relatively cheap option to improve his midfield.
Should the player join the Toffees then he would compete with Allan, Abdoulaye Doucoure, Andre Gomes and Tom Davies for a starting spot.
Benitez cannot spend much more than £10m as he is operating under strict financial constraints.
Southampton are also said to be interested. They have available funds after selling star players Danny Ings and Jannik Vestergaard for a combined fee of £45m.