Aaron Ramsey has been offered to a number of Premier League clubs - but Newcastle United have not made an enquiry.
The Magpies have also seemingly suffered a transfer setback with Axel Tuanzebe reportedly set to join Aston Villa on loan.
Here are your top Newcastle United stories for August 4:
Tuanzebe setback
Newcastle United loan target Axel Tuanzebe is being heavily linked with Aston Villa.
Steve Bruce was keen to be reunited with the Manchester United 23-year-old but it is understood that a huge loan fee of £5million has been quoted to interested clubs.
Bruce has made no secret of his admiration for the player he had on loan at Villa during his stint in the second city.
But the Athletic are now suggesting Villa boss Dean Smith has won the race to secure his services.
Ramsey link
Newcastle United chiefs remain confident of a transfer breakthrough this month - despite suffering frustration on main target Joe Willock.
The Magpies have been linked with Wales star Aaron Ramsey in recent days but United sources have played down reports suggesting the club made a move for the Juventus man.
Italian newspapers claim that Newcastle had made an approach for Ramsey but Chronicle Live understands that there has been no enquiry so far, although Ramsey is being offered around to Premier League clubs by his representatives.
Indeed, Ramsey's wages at Juventus are completely off the scale with the Serie A giants at £400,000 per week and Newcastle's salary budget is in the process of being trimmed.
Ashley's Frasers Group step down?
Newcastle United owner and retail entrepreneur Mike Ashley is poised to step down from his role as chief executive of Frasers Group, it has been reported.
The tracksuit tycoon is said to be set to hand the reins of the firm to his prospective son-in-law.
Mr Ashley is expected to reveal plans to step back from his role as chief executive of Frasers Group to become deputy chairman tomorrow, when the firm is due to announce its latest set of annual results.
Muto's exit
Yoshinori Muto wanted success badly at Newcastle United, perhaps too badly.
The Japan international arrived on Tyneside for a fee of £9.5million and on wages of £54,000 per week back in 2018, but this week his departure was a little bit more low key after a short statement from the powers that be at St James' Park concluded his unhappy stay.
A change in manager, a change in culture, a tough language barrier and the expectations from his home country are all factors that weighed heavy on the shoulders of the Tokyo-born striker.
Hogg on U23 defeats
Newcastle United Under-23 coach Chris Hogg is confident that his young Magpies can emerge stronger for their experiences at Blyth Spartans and Gateshead in the last few days.
Defeats at the hands of two Vanarama League sides followed the 3-1 win over Darlington two weeks ago.
In what proved to be a physical battle for Newcastle it's worth underlining that Hogg has a young side at his disposal this season, with a clutch of teenagers finding their feet in the Under-23s this summer after starring in the FA Youth Cup last term.
