The Magpies are in pole position to land the Manchester United winger in January ahead of Everton, Fulham and Stoke, with the 21-year-old preferring the St James' Park outfit
Newcastle United lead the race to sign Wilfried Zaha on loan from Manchester United in January, Goal understands.
Stoke, Fulham, Swansea and Everton have also expressed an interest in taking the England international for the second half of the season.
United manager David Moyes has indicated he is willing to allow Zaha to go on loan in the winter window in order for him to play regular first-team football.
|8/1||Newcastle are 8/1 with William Hill to beat Norwich 2-0|
Barring a series of injuries to the side's wide players, the England international, who has remained an established member of the England Under-21s, will temporarily move in January although the Premier League champions will not loan Zaha to a rival for a Champions League place.
Goal revealed in October that Zaha had earmarked Newcastle as his favoured destination for a January loan if he remained on the Old Trafford fringes.
It is believed that Zaha and his representatives prefer the north east outfit over other mid-tier Premier League teams but the deal could hinge on the sides agreeing terms, including a loan fee.
Everton is not regarded as a likely option, given that Premier League rules limit a club from loaning more than two players and Moyes' former club already have Romelu Lukaku and Gareth Barry on their books. Everton would need to clinch a permanent deal for Barry with Manchester City to get Zaha.
The wide forward joined United from Palace last January in a deal worth up to £17 million before being loaned back to Selhurst Park for the remainder of the club's promotion-winning campaign.
Zaha has been unable to force his way into the first-team reckoning at Old Trafford and has fallen behind fellow rookie Adnan Januzaj in the pecking order.