Newcastle are reportedly in talks in a Saudi Pro-league club over the transfer of Paraguayan winger Miguel Almiron.
The transfer window officially opened on Monday and clubs will have until August 30 to make their moves.
Newcastle confirmed the departures of Elliot Anderson and Yankuba Minteh to Nottingham Forest and Brighton on Sunday, selling the sell pair for combined £68million in desperate eleventh-hour deals to avoid PSR points deduction.
St James' Park figures have been battling to avoid a deduction for failing to comply with Profit and Sustainability Rules and they needed to offload before Sunday night's accounting period deadline.