Highly-rated Northampton Town striker Ivan Toney is reportedly undergoing a medical at Premier League side Newcastle United.
19-year-old Toney has attracted interest from the Magpies throughout the summer, and was left out of Northampton's recent friendly against Brackley Town due to speculation linking him with several clubs.
However, Newcastle appear to have now won the race for his signature.
Steve McClaren is expected to loan Toney out to another club next season in order to further his development.
Northampton Town have given a second chance to disgraced Leicester City goalkeeper Adam Smith, after he was recently sacked by the Foxes for his involvement in a sex video on their end-of-season tour of Thailand.
The Cobblers have signed the 22-year-old on a two-year-deal, subject to a medical.
Smith joined Leicester City in 2010 and spent five years with the Foxes, but had loan spells with six clubs including Cambridge United and Stevenage.
"I'm aware that this signing will create debate. Adam was involved in an incident at Leicester that was very wrong and he knows that better than anyone.
He paid a price for that, he has apologised and is ashamed of what happened.
He is a very good goalkeeper, and one who needs to be in and around a first team place to push himself forward and I am sure he will prove a good addition."
Northampton Town football club is set to be taken over by an Indian consortium.
Chairman and owner of the League Two side, David Cardoza, has signed a 'heads of terms agreement'.
The deal includes 100% of the company that owns the lease on the land.
Click below to watch a report from Sixfields by ITV News Anglia's Sarah Beecroft
Northampton Town Football Club is set to be taken over by an Indian consortium.
The club have announced they have reached an "initial agreement with the new owners" who are committed to redeveloping the club's Sixfields Stadium.
Northampton Town Chairman David Cardoza has confirmed he has signed a Heads of Terms agreement with a party interested in buying his controlling share in the club.
Contracts are yet to be signed but are being worked on by lawyers for both side.
"This would be a very positive move for the club. I hope supporters recognise that while they might always agree with my decisions, I have always acted in the best interests of the club and I am doing the same again here.
“The deal includes 100% of the company that owns the lease on the land to be redeveloped and is a major investment in Sixfields and Northampton as a whole and benefits the wider community, not just the football club.
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We are deeply saddened to hear the news that our former assistant manager Andy King has passed away, our thoughts are with his family
Former Northampton Town footballer Clarke Carlisle has been banned from driving at Highbury Magistrates Court for three years and ordered to carry out 150 hours of unpaid community work after pleading guilty to a drink-driving offence.
The former Northampton Town defender Clarke Carlisle is due in court today, charged with failing to provide a breath sample after being pulled over by police in December last year.
The incident came just days before the 35-year-old attempted suicide by throwing himself in front of a lorry in North Yorkshire.
The former chairman of the Professional Footballers' Association has been in the news since the incident speaking about his battle with depression.
Northampton Town have revealed their new signing - Sheffield United striker Diego De Girolamo - on loan until the end of the season.
De Girolamo has so far made three starts and six substitute appearances for the Blades at Bramall Lane.
He has also scored four times for York City during a number of loan spells this season.
His contract with Sheffield United comes to an end this summer and he has already been linked with moves to Juventus and a number of Premier League clubs.
Northampton Town boss Chris Wilder has been named as the League Two Manager of the Month for January.Read the full story ›