Chelsea have told Newcastle United that they must pay £12 million in order to sign striker Loic Remy.
Several Premier League clubs have registered their interest in the Frenchman, including Aston Villa, Crystal Palace and Leicester.
However, Newcastle are said to be very keen on Remy, who scored 14 goals in 26 games for the Magpies in a loan spell at St. James Park in 2014.
Remy has made just one start for Chelsea this season, with club owner Roman Abramovich reportedly keen on letting the former QPR striker go.
He has struggled to pin down a first team place since his £8.5 million move across London in 2014, and apparently wants first team football as he is well down the pecking order at Stamford Bridge.