Newcastle are ready to match his £55,000-a-week wages - almost twice his current salary. And while they are unwilling to meet Wigan chairman Dave Whelan's £12m valuation, the Geordies are optimistic a deal can be thrashed out.
A source close to N'Zogbia said: "Charles never really wanted to leave. It was Kinnear he fell out with, not Newcastle.
"He has kept in touch with several of his former team-mates and told them he would love to go back.
"And while he has never worked for Alan Pardew, he knows his No.2 John Carver very well.
"In fact, it was John who gave him his Premier League debut when he was caretaker-manager.
"He thoroughly enjoyed his time there, loves the city and would jump at the chance of pulling on the shirt again."