Newcastle have agreed a fee with Arsenal for Joe Willock.
The fee is understood to be in the region of £25m - including add ons.
Personal terms are yet to be finalised, but Newcastle will be keen to complete the deal in time for Willock to be available for the opening game of the season against West Ham on Sunday.
Willock was left out of Sunday’s pre-season friendly at Tottenham, with Arsenal manager Mikel Arteta saying after the game: “We will explain the reasons when we can”.
The forward has been Newcastle’s number one target all window following a successful loan spell in the second half of last season.
Willock scored eight times - including a goal in each of the last six games of the season.