The Magpies consider the Lyon striker to be their top transfer target and will push hard to seal the move before the transfer window slams shut on Monday evening
Newcastle are continuing talks with Lyon over striker Alexandre Lacazette and they remain hopeful a deal can be agreed in the next 48 hours, Goal understands.
On Wednesday Goal reported that Alan Pardew was pushing to sign a new striker before the close of the transfer window with Loic Remy and Lacazette top of his wishlist, but the QPR striker is set to join Chelsea and the Lyon man was always Newcastle's top target.
Newcastle are still open to the idea of concluding two more deals before the window closes on Monday with a striker and defender - the latter most likely arriving on a loan deal - in their sights.
Newcastle's attempts to land the 23-year-old - who has been named in Laurent Blanc's latest France squad - have thus far been rebuffed by Lyon, but the Magpies are willing to push hard to complete a deal.
Lyon's departure from the Europa League this week only highlighted their continuing financial struggles and Newcastle are hoping their policy of paying transfer fees in full will tempt the French giants into a sale.
Lacazette has prompted speculation about his immediate future by shunning Lyon's offer of a new contract, forcing the Ligue 1 side to contemplate selling and increasing Newcastle's confidence of getting their man.