The Daily Mail says with Southampton goalkeeper Aaron Ramsdale set to join Newcastle on-loan for the new season, Vlachodimos will be allowed to leave.
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The Greece international is a loan target for Sevilla, which have recently hired Matias Almeyda as new coach.
Newcastle are happy to release Vlachodimos, though will insist on a loan fee for the keeper.
For his part, Vlachodimos is eager to make the move as he seeks regular first team football for the new campaign.