NEWCASTLE have suffered a huge setback in their long running bid to sign Reims star Hugo Ekitike with the striker agreeing to join PSG.
GFFN and Shields Gazette are both reporting that the French striker has 'agreed a deal in principle' to join PSG.
However, it's reported that PSG are not prepared to match the bid Reims previously accepted from the Magpies.
Eddie Howe's side had a £36m fee agreed with the club but couldn't agree personal terms with the France U20 international, despite apparently offering 15 times the amount of money he's currently on.
Reims are thought to be unwilling to lower their asking price to what PSG are prepared to offer, though it seems Newcastle are already looking at alternative strikers in the market.
It's believed that Real Madrid and Bayern Munich are also monitoring the striker's situation, but Reims and PSG continue to have ongoing discussions over the move.
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The youngster scored ten goals and grabbed three assists in 23 league games for the French side last season.
His double figure goal tally made him the highest scoring teenager in Europe's top five leagues last season.
The Frenchman, who qualifies to play for Cameroon through his father, was born in Reims and joined the academy as an 11-year-old.
He was the club's top scorer last season, with six more goals than the next best and the provided the joint second-most assists at the club.
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Reims finished the season firmly lodged in midtable in 12th place.
Ekitike has only played 38 senior games of professional football, including 11 games on loan in Denmark last year, but his value has increased massively over the past 12 months.
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