Tottenham and Newcastle face a three-way fight with Serie A side Udinese for Bayer Leverkusen striker Eren Derdiyok according to The Sun.
The £7.5million-rated Swiss star, 23, was watched by Barclays Premier League scouts in a recent 3-1 win over Wolfsburg, a game in which he scored a sensational overhead kick.
Spurs boss Harry Redknapp see Derdiyok as the perfect replacement for Roman Pavlyuchenko, who looks set to leave White Hart Lane in January, and will be hoping to see off interest from Newcastle.
Magpies boss Alan Pardew is known to still be in the market for a striker to bolster his forward line at St James' Park, and is reportedly weighing up a rival bid for Derdiyok.
The forward has made 71 appearances for Bayer Leverkusen since joining from FC Basel in 2009, scoring 20 goals in the process, and although not exactly prolific, Derdiyok can boast UEFA Champions League experience - which is something that will be an attractive proposition for both Newcastle and Tottenham.
Newcastle have been criticised in recent months for not spending enough of the £35million received from the January sale of Andy Carroll, and while Leon Best and Demba Ba have proved sufficient so far this season, there have been calls from the club's supporters for Pardew to land a marquee signing.
Meanwhile, Redknapp's bid to juggle the likes of Emmanuel Adebayor, Rafael Van der Vaart, Jermaine Defoe and Pavlyuchenko looks to be failing, with the Russian hit man intimating he will leave Tottenham, once the north Londoners have brought in a replacement.