The Shields Gazette says Newcastle management have agreed with Tonali's camp that he can leave should they fail to qualify for European football this season.
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Manchester United, Arsenal, Chelsea and Juventus are all interested in the Italy international, with Newcastle currently rating him at £100m.
After last summer's controversy over Alexander Isak's drawn out move to Liverpool, Newcastle will seek an early sale for Tonali should it be agreed that he can go.
It's suggested while the Champions League is out of reach, finishing in the Europa League places would be enough for Tonali to stick around.