Newcastle United have launched a bid for Leicester City ace James Maddison.

The Telegraph says Newcastle have bid £40m for Maddison.

The Magpies submitted the offer on Friday but it was instantly turned down and Newcastle are now debating whether to go back with a bigger bid.

Eddie Howe has been keen to add more attacking firepower to his squad and has already been linked with Jack Harrison and Maddison's Leicester team-mate Harvey Barnes.

If Newcastle do go back with a bid in excess of the £40million, it would make Maddison the club's record-signing, surpassing the fee they paid for Joelinton in 2019.