Leeds United have agreed a fee in excess of £12m with Newcastle for midfielder Sean Longstaff.
The 27-year-old has entered the final year of his current contract at St James' Park.
Leeds saw three bids rejected from Newcastle for the player, with their previous offer worth an initial £10m plus £2m in add-ons.
Longstaff is an academy graduate whose sale would represent pure profit for Newcastle in terms of PSR.
The midfielder featured 32 times for Newcastle last season, including five appearances in the Carabao Cup as Eddie Howe's side ended the 70-year wait for a domestic trophy on Tyneside.
With 171 appearances in the Premier League, Longstaff offers crucial top-flight experience to Daniel Farke's squad following their promotion from the Championship as champions last season.
He is now set to become Leeds' fifth signing of the summer after the Whites already confirmed the arrivals of Sabastiaan Bornauw, Lukas Nmecha, Jaka Bijol and Gabriel Gudmunsson.
More to follow...
In
Sebastiaan Bornauw - Wolfsburg, £5.1m
Lukas Nmecha - Wolfsburg, free
Jaka Bijol - Udinese, £15m
Gabriel Gudmundsson - Lille, £10m
Out
Josuha Guilavogui - released
Joe Snowdon - Swindon, free
Junior Firpo - released
Max Wober - Werder Bremen, loan
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And 80 per cent of all televised Premier League games next season are on Sky Sports.
