Newcastle sporting director Paul Mitchell and Crystal Palace chairman Steve Parish are still negotiating.
The two power brokers are involved in discussions about Palace center half Marc Guehi.
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While Newcastle would love to bring Guehi to St. James’ Park, they have been unable to get a bid accepted by Palace.
“We’re always very respectful when we get a bid for a player,” Parish told talkSPORT.
“We’re very respectful of Newcastle United and Paul Mitchell is somebody I have an incredible amount of time for.
“I’ve known him for a long time, he’s been very, very good to me in football and we have a good relationship. So, he and I have had a chat about this.
“Inevitably, the agents are involved and have got a point of view, they’re decent guys. We’ve had conversations with other clubs that have expressed interest as well.”