Carlos was pursued doggedly by Newcastle in the January transfer window, with the Magpies having multiple offers rejected by Sevilla.
Sevilla stood their ground and eventually the transfer did not place, with claims being made that it would have required an amount close to £50m to convince the La Liga club.
The centre-back still remains a target for the Magpies, but they are determined only to deal on their terms.
Newcastle will not be engaging in a bidding war for the defender in the summer, even though he is still on a shortlist of desired centre-backs at the club.
The Magpies have had one stressful window in the pursuit of Carlos and may want to refrain from getting into a race, especially considering other targets.
Sven Botman is close to AC Milan, but the Magpies have not given up on him and they also face competition for other targets such as Gleison Bremer and Attila Szalai.
Carlos’ contract with Sevilla runs until the summer of 2024, and it remains to be seen if the Magpies return with an improved offer for the centre-back in the upcoming window.
