Newcastle are in talks with Lyon over a deal for Bruno Guimaraes - but sources close to the French club have denied that any agreement has been reached.
Reports have surfaced on Wednesday that a €40m agreement had been reached between the two clubs and that the player was to undergo a medical. However 90min has learned that this is not the case as it stands.
Guimaraes has been linked with a move away from the Ligue 1 side all month, with Arsenal, Manchester United and Juventus also mentioned as possible destinations, and is currently on international duty with Brazil.
Guimaraes has been in good form for Lyon this season, making 20 Ligue 1 appearances and registering three assists.
Newcastle are working hard in the final week of the transfer window to strengthen their squad, having signed Chris Wood and Kieran Trippier so far this month.
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