Manchester United will face competition from Premier League rivals Chelsea in their race to secure the signing of exciting young winger
The Mirror report that City will demand around £2m in compensation for the 19-year-old, who has played just one senior game for the Championship side - coming on as a second half substitute in their final game of 2017/18.
Semenyo has played all over the forward line for County so far this season, showcasing an impressive versatility which hints at greater potential further down the line, and netting six times in 30 appearances in all competitions.
Those 30 appearances include 20 in the league, which have yielded three goals, as well as a smattering of starts in the FA Cup, Carabao Cup and EFL Trophy.
Speaking after Newport's win against Leicester, Bristol City CEO Mark Ashton said:
"Lee himself has gone out to see the lads at Newport. We had a lot of discussions of who we bring back, when we bring them back, and at the moment we think the boys who are out on loan are getting really good, competitive football."