The Sun says Newcastle are moving for Aghehowa after missing out on RB Leipzig striker Benjamin Sesko, who is anout to sign with Manchester United.
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Spain U21 international Aghehowa left Atletico Madrid a year ago for Porto, where he has confirmed his potential over the past 12 months.
With Porto, he boasts 27 goals in 45 games - stats which have brought him to the attention of Newcastle.
No formal bid has been tabled, but Newcastle are expected to step up their plans in the coming days.