According to widespread reports a top agent has made it clear to the North East outfit that Carroll is available, with Newcastle thought to be ready to make a £15 million offer, but Liverpool are thought to be holding out for closer to £25m, The Times claim.
The striker has notched up just six goals from 31 matches in all competitions – four of which have come in the league - since moving to Anfield 12 months ago in a £35m deal that made him the most expensive British footballer of all time.
The 23-year-old is expected to start against Manchester City in the League Cup semi-final on Wednesday having only come on to score as a very late substitute against Oldham in the FA Cup on Friday night.
There has been speculation of a rift between Carroll and Liverpool manager Kenny Dalglish, who has continued to defend him in public, but should the Scot cash in on the striker it would leave him light on options up front with Luis Suarez suspended for six more matches.
The only available options would be Craig Bellamy and Dirk Kuyt should the rumours surrounding Carroll’s return to his home town - where he netted 33 times in 90 matches - be true.
How do you stay up to date with football when on the move? With http://m.goal.com – your best source for mobile coverage of the beautiful game.