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Howe was in charge of Bournemouth for eight years
BBC Sport reports that Newcastle are close to an agreement to hire Eddie Howe as their new manager.
The former Bournemouth boss is expected to be in charge of Saturday's Premier League match at Brighton.
After the Cherries' relegation from top flight in August 2020, Howe (43), has been out of management.
Unai Emery, Villarreal manager, was approached by the Magpies to replace Steve Bruce. However, Emery declined.
Howe knows Newcastle players Callum Wilson and Ryan Fraser from his time at Bournemouth. He led the club from League One into the Premier League where they stayed for five years.
Bruce left Newcastle by mutual consent just 13 days after the completion of the Saudi Arabia-backed, 305m takeover.
Since then, Graeme Jones was appointed interim manager. The Tyneside club has drawn with Crystal Palace and been beaten under his watch by Chelsea.
Newcastle is without a win in 10 Premier League matches this season. They are currently second with four points.
Ex-England striker Dion Dublin said, "Eddie Howe is a good stock in the footballing universe, in footballing circles."
He is a good player and a great coach. His players seem to love playing under him.
"If they were going to get Eddie, it wouldn't be a bad thing." It would be a great appointment."