Newcastle are willing to make Erik Ten Hag one of the highest-paid managers in the Premier League - but the Dutchman is reluctant to leave Ajax.
As the Magpies' search for Steve Bruce's successor enters a second week, it is understood the club's new owners have explored the prospect of luring Ten Hag to St James' Park.
Sportsmail has learned that Newcastle would be willing to pay the highly-rated boss a salary of £6million after tax - totalling a gross wage of just over £11m.
The eye-watering package would put Ten Hag behind Pep Guardiola and Jurgen Klopp, who earn £20million and £15m a year respectively, in the order of English football's best paid bosses.