Newcastle United Eye Move for PAOK's Dimitris Giannoulis

PAOK's Dimitris Giannoulis is the subject of interest from Newcastle United, who are set to make a formal bid.

Giannoulis is a key part of the PAOK squad, but due to financial issues at the Greek club, they are expected to accept a bid of around £5m - ideal for Newcastle who are looking for cut-price deals this transfer window.

According to Chris Waugh of The Athletic, Newcastle made contact with Giannoulis' side over two weeks ago, but the Greek side are yet to receive an offer.

The Magpies face competition for the left-back however, with Watford and Marseille both said to be interested, but the Premier League side are believed to be favourites to sign the Greece international.

Steve Bruce is looking to bring in a left-back this season as Danny Rose's loan move has come to an end leaving Paul Dummett as Newcastle's only recognised defender on the left.

As well as Giannoulis the Magpies are also considering a move for Rogerio from Sassuolo, but the Italian side are holding out for £10m, making a move for the Greek defender far more likely.

Waugh suggests that Newcastle are in for a number of players this summer. As well as a left-back, the Magpies are looking to bring in a striker. Callum Wilson looks the most likely to come in, a welcome move as Bruce's side struggled for goals last season - their record signing Joelinton only scoring four times.

Wilson is Bruce's number one target but Bournemouth want around £20m for the Englishman which could put off the Magpies as he is injury-prone, and at 28 is not someone who will bring a long-term solution to the striker problem.

The Cherries' forward isn't the only forward Newcastle are looking at, with his team-mate Josh King being considered as well as Rhian Brewster from Liverpool, Michy Batshuayi and Celtic's Odsonne Edouard.