Newcastle are prepared to pay Mauricio Pochettino £19m-per-year to take over from Steve Bruce as their new manager.
According to Sky Sports, it would make the former Spurs boss the second highest-paid manager in the Premier League behind Pep Guardiola.
The Magpies are in the middle of a takeover and the new owners are looking to invest heavily into the squad. They are also looking to bring in a top-quality manager and Pochettino is their number one target.
The Argentine did a stellar job at Tottenham and he could be the man to take Newcastle back to the top of English football.