Newcastle are close to signing Aston Villa midfielder Jacob Ramsey in a deal worth about £40m.
BBC Sport reported on Wednesday that the clubs were in advanced talks over the proposed deal for the 24-year-old.
An agreement in principle has now been reached, with just the finer details left to complete.
Once signed off, Ramsey will complete the formalities, including a medical, of the move to St James' Park.
Villa host Newcastle in their opening Premier League game at 12:30 BST on Saturday.
Ramsey, a former England Under-21 international, has scored 17 goals in 167 appearances for Villa since earning his senior debut in 2019 and was a regular for Unai Emery's side last season.