Newcastle United were working on an agreement on Friday night with Lille for defender Sven Botman.
Throughout protracted talks, the Dutch international has been their prime target this window but they faced stern competition from AC Milan.
Lille, however, want to accept Newcastle's offer of around £31million plus add-ons as the clubs look to reach a solution.
Dutch under-21 international Botman is Eddie Howe's main defensive transfer target
Newcastle's move for Reims striker Hugo Ekitike remains under threat from Paris St Germain who want to create a greater French identity at the club.