Newcastle are continuing talks with Watford over a deal for Joao Pedro despite having their first offer rejected.
The club on Thursday night refuted claims they had made a second formal bid of £25m but continue to pursue a deal.
Newcastle remain interested in Rennes winger Kamaldeen Sulemana and Chelsea's Christian Pulisic.
The Magpies saw a bid worth £20m rejected only a few days ago.
Joao Pedro, 20, remains one of Watford's most prized assets and the Championship club are committed to keeping the player after seeing Dennis leave, it has been reported. It is believed he has been valued at £35m.
Eddie Howe and Newcastle's recruitment department have been frustrated this summer by their inability to land their top targets.
The club has been linked with, at various stages over the summer, the likes of Jack Harrison, Harvey Barnes and James Maddison.
The Saudi-backed takeover of the club last year is likely to have contributed to selling clubs putting what some are calling a 'Newcastle' premium on players the club are interested in signing.
Watford head coach Rob Edwards said earlier on Thursday that a further offer could be entertained by the club, with himself and the board likely to sit down and discuss it.
'The bid (previous) that has come in that’s been talked about, it’s not anywhere near the level that we’d expect it to be for him, but we’re involved I’m involved in that conversation,' he said.
'If anything else was to come in again, then we’ll sit down and talk about it as a club and as a board.'
Nevertheless, Sulemana and Pulisic represent options for Newcastle as the window enters the final stretch.
Kamaldeen, 20, is an exciting Ghanian wide player who made 20 appearances for the French side Rennes last term.
Signed from FC Nordsjælland in 2020, Kamaldeen enjoyed a break through season last term scoring four goals in Ligue 1.
Meanwhile, Pulisic has seen his stock fall at Chelsea amid a wealth of attacking talent as speculation surrounding his future mounts by the day.
Manchester United are said to be interested in the player while Newcastle have held a long-term interest in the player this summer.
Figosta
1
yes, for now I think this would work out for both the party
For sure
RemusLupin
2
Yea I think that would be the best for him at the moment
yes, for now I think this would work out for both the party
Figosta
1
maybe he can be a backup striker
Yea I think that would be the best for him at the moment
RemusLupin
1
Great talent but I think it's a bit to early for him to be a starter for Newcastle
maybe he can be a backup striker
Eddy509
0
great move, please Newcastle signs him. Joao pedro is a great player.
I agree bro. since I don't watch the championship, I would love to see him in the EPL
LIVERPOOLIAN_INTER
2
yes, I want him to be in the EPL not in the championship
Bro they misses bare chances in the prem. I won’t be surprising if he flops. He is still titled ‘the next Richarlison’ but he really is a Championship player as of now
Devasharvina1201
3
Just Pay Them What Them Needed Time Is Short £26m Plus £4m Add One Just Completed The Deal Very Good Player With Bargain
Eddy509
3
Great talent but I think it's a bit to early for him to be a starter for Newcastle
yes, I want him to be in the EPL not in the championship
Figosta
3
great move, please Newcastle signs him. Joao pedro is a great player.
Great talent but I think it's a bit to early for him to be a starter for Newcastle
Eddy509
3
great move, please Newcastle signs him. Joao pedro is a great player.