Newcastle United are stepping up their chase for Celtic striker Odsonne Edouard.

The Magpies are very excited about flexing their financial muscles this summer when their new ownership is confirmed.

According to transfer expert Ian McGarry, they are in for Edouard and could get him for less than the £40 million Celtic reportedly want.

Arsenal are also interested, per the Daily Express.

"He has been attracting interest from a lot of clubs, mainly in the Premier League but also in Europe as well," McGarry said on the Transfer Window podcast.

"A player who has been instrumental this season in Celtic's rise to be 13 points ahead of Rangers as things stand.

"There is interest from Newcastle United who are determined to make sensible investments regarding player recruitment rather than using the scattergun approach which other Premier League clubs who have been taken over and invested in by nation states or indeed wealthy individuals [have used].

"Edouard is valued at £40m by Celtic but of course in this current market they're unlikely to achieve that kind of figure for the player.

"Newcastle are still waiting for their takeover to be confirmed by the Saudi Arabia Public Investment Fund but are very keen to take Edouard, partly on the basis that he is someone who wants to play football every week, he and his representatives have stated to interested parties that he doesn't want to go to a club where he will be second or third choice, he wants to develop his career in a very constructive and progressive way.

"Money is not the be-all and end-all at this stage in his career and also obviously a move from Glasgow to Newcastle for the France striker would not be as much as a shock I suspect."