The Spanish side also confirmed the striker is in talks with the Barclays Premier League club.

Xisco would join former Depor team-mate Fabricio Coloccini at St James' Park should he complete his move, following the defender's transfer earlier this summer.

A Depor spokesman would not reveal the fee but told PA Sport that 22-year-old Xisco was in negotiations with Newcastle with a view to completing his move before the transfer window closes at midnight.

Earlier, Depor coach Miguel Angel Lotina admitted he was resigned to losing the Spanish Under-21 striker.

"Today I was told that there are a lot of possibilities that he will go to Newcastle," Lotina told radio station Onda Cero.

"He is an important player but the offer which Newcastle made must also have been important.

"Moreover, he has only two years left on his contract and, it is obvious, that if he doesn't renew, he'll go.

"I don't have confirmation that it has been done, but an offer exists."

Lotina also praised the player for improving significantly since coming back from a season-long loan deal at second division side UD Vecindario.

Xisco returned for the beginning of last season and immediately proved his worth by scoring nine goals in 14 games.

Lotina added: "He was playing for Vecindario 14 months ago and now he receives an offer from an English club."