LEICESTER, ENGLAND - DECEMBER 12: Leicester City's James Maddison runs past Newcastle United's Joelinton during the Premier League match between Leicester City and Newcastle United at The King Power Stadium on December 12, 2021 in Leicester, England.

Report: Leicester reject Newcastle's £50M bid for Maddison

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Stephen White - CameraSport / CameraSport / Getty

Newcastle United have come up short in their latest bid to sign James Maddison from Leicester City.

Leicester knocked back Newcastle's second bid for Maddison - worth £45 million, plus £5 million in add-ons, according to The Guardian's Jacob Steinberg. The club is standing firm on its £60-million valuation for the midfielder, Steinberg adds.

Newcastle manager Eddie Howe is understood to be a big fan of Maddison, who scored 18 goals during his fourth season at Leicester in 2021-22.

Maddison, who joined Leicester from Norwich City in 2018, still has two years left on the contract extension he signed in 2020.

Leicester City have placed a similar price tag on Harvey Barnes, who's also been linked with a move to the Magpies, according to Steinberg.

Additionally, Leicester are also expected to receive offers for Arsenal-linked Youri Tielemans and Wesley Fofana, who's reportedly being targeted by Chelsea.

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