Manchester City are set to make a huge profit on Kalvin Phillips should he join Newcastle, as per a fresh report.
The England international has been used sparingly by Pep Guardiola since his move to the Etihad Stadium.
Phillips has not started a single Premier League game this season, despite an injury sustained by Rodri earlier in the season.
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The 28-year-old is widely expected to move in the January window, with Gareth Southgate months away from naming his England squad for the upcoming European Championships in Germany.
Newcastle are among the sides heavily linked with the former Leeds midfielder, but their attempts to abide by Financial Fair Play rules could cost them in the long term.
For the Magpies to manage their finances, they are likely to pursue an initial loan deal before looking to make the move permanent in the summer.
According to Sports Lens taking Phillips on loan would cost around £7million, while a permanent transfer could set them back as much as £50million, collectively leading to a £57million outlay.
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That would see City make a profit on the player, who they prised away from Elland Road 18 months ago in a £45million deal.
Newcastle are unlikely to get a free run at Phillips, with the likes of Juventus said to also be interested.
Either way, it seems certain Phillips will be plying his trade elsewhere at the end of the window, given his place in England’s Euro 2024 squad is at stake.
"I know that I need to be playing games and competing every weekend," he said back in October. "
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“I'm going to have to make a decision on [my future] over the next months. Gareth just says that for me to keep my spot I have to be playing games.
"That's what I want to do. I have agreed with Gareth on that. I want to play football and want to play as much as possible. Over the last year and a half, I haven't been able to do that due to injuries and [other factors].
"It's something I am going to have to think about. Hopefully, my chance does come but if it doesn't then I will have to make other decisions as well."
Topics: Football, Manchester City, Kalvin Phillips, Newcastle United, Transfers, Premier League