Newcastle fear Kenedy's recent purple patch will force Chelsea to raise their asking price.
The Brazilian joined the Magpies on loan in January and has since shone under Rafa Benitez.
Unfortunately for Rafa Benitez, his club are not the only one's monitoring Kenedy's progress.
The Sun claim Bayern Munich and PSG are also keeping tabs on the 22-year-old.
This interest will likely cause Chelsea to drag out the sale, which will initiate a bidding war amongst the interested parties.