Eddie Howe wants to bring in a young full-back for his Newcastle squad and the club are considering several profiles.
The Newcastle boss wants someone who could be an understudy to Kieran Tripper and potentially his long-term replacement in the team.
Fresneda is a player Newcastle like and the scouts have been left impressed by his performances.
There is talk of an imminent deal but it has been claimed that Newcastle are still considering tabling a bid.
The club are assessing their options and they do have a real interest in the young Spanish full-back.
But they are still chalking out their ideas and even if they end up signing Fresneda, he might not be part of their plans this season.
It has been claimed that depending on the needs of the squad, Fresneda could be loaned back to Valladolid as part of the agreement.
