Reports suggest that should Rafa Benitez wish to sign the pacey winger, the 27-year-old could be available for around £4m.
Benitez is keen to add quality reinforcements after losing long-term target Tammy Abraham to Swansea, and in recent weeks has apparently voiced his concern at Newcastle’s lack of activity in the transfer market.
Montero has a reputation as an effective old-fashioned winger, constantly looking to beat his man and whip the ball into dangerous areas.
Should Montero sign, the 27-year-old would be a savvy piece of business and would provide much needed competition for wingers Christian Atsu and Matt Ritchie.
Encouraging signs of a deal have surfaced as journalist Alex Nixon took to his personal Twitter account over the weekend to confirm that Newcastle were keen on securing the Ecuador international’s services.
The former Villarreal midfielder has bagged 10 Premier League assists during his time in the Premier League as well as providing two assists in four games against Newcastle in all competitions.
Montero is a hero in Ecuador having scored a decisive goal in Los Amarillos’ 2-1 victory in the final of the 2007 Pan American Games, the nation’s first ever international trophy.
Montero’s contract with the Swans runs until June 2020.