The Magpies are heavily interested in signing the 28-year-old forward from AFC Bournemouth this summer.
Steve Bruce is keen to bolster his forward department following the injury to Dwight Gayle and has earmarked Wilson as one of his prime targets.
Wilson is keen to leave the club following Bournemouth’s relegation to the championship.
The report claims that the Magpies have submitted an offer of £17.5 million, with another £2.5 million in add-ons for Wilson.
Separately, Bournemouth have offered Newcastle £2.5 million-plus the same again in extras to re-sign Matt Ritchie.
Competition from Aston Villa?
Aston Villa have had a £15 million bid for Wilson rejected yesterday.
According to Matt Law of The Telegraph, Villa made a £15m, plus £5m in add ons, offer for the AFC Bournemouth striker.
However, the bid was rejected immediately, with the Cherries demanding a fee in the region of £17m as a fixed fee.
He added that Villa are at the front of the queue for Wilson, but it seems Newcastle are now in the driving seat to secure his signature.