Newcastle United are launching a massive bid for Lazio midfielder Sergej Milinkovic-Savic.
The Serbia international has been linked with Arsenal this season.
However, Newcastle are now making a move to outbid all rivals for the midfielder.
Il Messaggero says Newcastle are offering €60m cash to Lazio for Milinkovic-Savic, with a €12m signing bonus also tabled.
Newcastle are also making a contract offer worth €10m.
However, sources inside Lazio's Formello HQ are insisting nothing formal has yet been fielded from Newcastle.