Arsenal and Newcastle United have opened talks for the transfers of Jack Wilshere and Lucas Perez to the St James' Park.
Squawka claims that the Magpies have made a "renewed approach" to sign the two players.
Striker Lucas Perez is certain to leave the Emirates after falling out with manager Arsene Wenger.
And the Frenchman confirmed last week that the Englishman could leave the club to enjoy regular first-team football elsewhere.
"That decision [whether he stays or not] is not completely made," Wenger told reporters.
"I want him to have a chance to play somewhere as well. We have to decide that a bit later. I wanted first for him to come back, he is coming out of a fracture. It is the first week he is back in full training and we have to sit down together and see where we go from there.
"I made him start at a very young age. He has gone through difficult times, I want him to have the career he can have and I am quite open on that.
"It [his time at Arsenal] is not passed because he has the talent to be regular, but he has to come back to competition in a consistent way."
