Newcastle United are preparing a move for Marcos Alonso as soon as their takeover is finalised, according to the Daily Express.
The Toon Army are waiting patiently for news on their £300million which would see Mike Ashley finally moving on from the club.
That deal would see the club bought by PCP Capital Partners, an organisation backed by the Public Investment Fund of Saudi Arabia.
There's been no shortage of transfer speculation on Tyneside with the club looking at several high profile options, however it seems that the Chelsea full-back could be top of the list.
Newcastle United are keen to sign a left-back this summer with Danny Rose set to return to Tottenham Hotspur at the end of his loan spell.
While Marcos Alonso has been seen as a first team regular with the Blues over recent seasons, the ongoing links with a move for Ben Chilwell look set to move the Spaniard down the pecking order at Stamford Bridge.
That means that there would be no guarantees of first team football - something that Newcastle United would almost certainly be able to offer him.
GIVEMESPORT'S Phil Spencer says...
What a move this would be for Newcastle United.
The club have been linked with numerous high profile stars of late, but a deal for Marcos Alonso looks like a very plausible option.
Steve Bruce's side will be in desperate need of a full-back and given the defender's likely lack of gametime at Stamford Bridge next year, it's probably in his best interests to move on.
Playing at a club like Newcastle United will be a huge opportunity for the Spaniard, and he's certainly a signing that supporters would be keen to secure.
If he's the first of many, it could be the start of an exciting new era.