Manager Sam Allardyce had earlier insisted a reported £4million bid for the England international was well below Newcastle´s valuation.
Dyer is understood to be keen to move south to be closer to his family.
Copyright (c) PA Sport 2007, All Rights Reserved.
Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: https://www.givemesport.com/writeforgms