Newcastle are refusing to drop their £40m price for Allan Saint-Maximin.
Newcastle's valuation of their prized asset has put off both Chelsea and Spurs from making an official move.
Toon value Saint-Maximin in excess of £40million, says The Athletic.
Both London clubs are claimed to have hoped Newcastle would accept a cut-price fee for Saint-Maximin thanks to their vast wealth.
Despite having cash to burn, the club are remaining firm in their valuation of the Frenchman.
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