Newcastle are currently leading Tottenham in the race to sign Leicester's James Maddison.
Both clubs are interested in signing the attacking midfielder, who has only a year left on his contract, this summer.
Newcastle's interest stems back to the January transfer window, when Leicester were unwilling to sell the 26-year-old.
But following relegation, the Foxes will now listen to offers.
Newcastle are able to offer him Champions League football over Spurs, who are also long-term admirers.
However, Tottenham may formalise their interest following the appointment of Ange Postecoglou as head coach.
Postecoglou and Spurs are now in the process of making decisions on how to improve the squad this summer and which players will stay or leave to facilitate desired change.
