Eddie Howe ‘has now decided’ on £15m signing at St James’ Park

The report suggests Leicester City, Wolverhampton Wanderers and Leeds United also hold an interest in Targett and are ready to pounce if he does not remain with the Magpies, but it is understood that he would prefer to stay on Tyneside.

Although Targett’s £35,000-per-week Villa Park contract is not due to expire until the summer of 2025, it seems his stint in the Midlands is over.

With Newcastle becoming the world’s richestfootball club thanks to the Saudi Arabia-based Public Investment Fund completing a £305million takeover last October, it is likely that the 26-year-old would stand to secure a more lucrative contract at St James’ Park.

Jones understands Newcastle boss Howe is eager to ensure Targett remains on board beyond the end of the current campaign.