Steven Taylor has caught the eye of Barcelona who are ready to make a summer move for the England Under-21 defender.
The Geordie stopper has a year left on his deal and faces crunch talks with the club next month over his future.
Newcastle are unlikely to risk letting Taylor walk away on a free in a years' time, writing off a potential £8million transfer fee, and will need to secure him on a longer term deal.
But with money tight at St James' Park it is doubtful that £30k a week Taylor will get the rise he wants and it could spell the end, with the Spanish giants interested, along with Everton and Aston Villa.
Newcastle will reject the chance to take Carles Puyol as part of any deal because of his age and wages.
Taylor appears to have patched up his differences with striker Andy Carroll after he was left with a broken jaw in a treatment room bust up. The pair were arm in arm during Newcastle's trophy celebrations last weekend.