The Ivory Coast striker, who is currently on international duty at the World Cup, impressed in his first season in the Premier League - scoring 26 times in 48 games with Swansea last term.
|SWANSEA CITY LATEST
|7/1||Wilfried Bony is 7/1 with Paddy Power to be Ivory Coast's top scorer at the World Cup|
"I spoke to Newcastle about Bony last summer. Newcastle should have bought Bony a year ago but they didn’t believe in him," Bony's representative told The Shields Gazette.
"They could have signed him for £10 million, but they said they weren't sure if he was good enough, that he was only playing in Holland [with Vitesse]. Now he is worth £20m.
"The next step for Bony is a top-six team in England or a top team in Germany, Spain or France, or he will stay with Swansea.
"We have a certain strategy. Bony is in a totally different place to Newcastle and wants to move to a club with ambition. We have had no contact with Newcastle."