Eddie Howe is eyeing a triple raid on Stamford Bridge and is keen on midfielders Ruben Loftus-Cheek and Conor Gallagher, along with winger Ziyech.
Which of the three, if any, Chelsea will let move to Newcastle is unclear, but the Blues star the Magpies seem most likely to land has been identified.
It is suggested that Morocco winger Ziyech is the most likely of the three to join Newcastle.
Newcastle could part ways with Ryan Fraser during this month’s transfer window, which would open up a natural spot for Ziyech to fill.
Ziyech has been keen to rejoin former club Ajax amid a lack of game time at Chelsea, but the Dutch giants are not inclined to re-sign him.
A switch to a top four chasing Newcastle side could suit Ziyech as he aims to make sure he is playing regularly in the second half of the season.
Ziyech, 29, is under contract at Chelsea until the summer of 2025 and has made nine appearances in the Premier League for the Blues this season.