Newcastle United have been heavily linked with a move for PSV Eindhoven striker Ola Toivonen according to the Journal.

Magpies boss Alan Pardew is eager to bring a new frontman to St James’ Park in the summer and have already been in touch with the Sweden international’s representatives over a move.

It’s rumoured that Toivonen would cost Newcastle around £5 million although they are likely to face compeition for his signature following the admission that he would look to leave PSV before the new season starts.

Russian sides Rubin Kazan and Lokomotiv Moscow are thought to be interested whilst Serie A side Fiorentina are also keeping tabs on the 25-year-old whose contract at the Phillips Stadion expires in 2014.

Eindhoven’s precarious financial state leaves them unable to demand the £8.5m they valued Toivonen at in January with the player himself urging the club to cash in on him.

He said: “If PSV want to earn some money by selling me, then now is the time to sell me. If I am not sold, then the chances are that I will not be leaving for the next two years

“If something interesting comes along, I will look into it. There are rumours, but I have learned to live with them. I don’t know which clubs are really interested.”

Pardew has also been linked with Twente striker Luuk De Jong with his agent admitting the Holland international would be interested in a move to Tyneside amid reports Newcastle had submitted £8m bid.