Former Chelsea manager Frank Lampard is under serious consideration at Newcastle United.
The Telegraph says the club's new owners are interested in appointing either Lampard or Lucien Favre as the club's new manager with Steve Bruce's departure imminent.
The Magpies were subject of a highly-publicised £305m takeover from the Saudi-led consortium last week and reports indicate that they are ready to appoint a new manager, with Bruce's days numbered.
And they are considering ex-Chelsea player and manager Lampard and former Borussia Dortmund boss Favre as their first appointment.
The same report details that Bruce is expected to be sacked in the next 48 hours, ahead of Sunday's home game against Tottenham.
The Toon are currently 19th in the Premier League table and are winless from their opening seven games.
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