The potential sale of Newcastle United target Luis Diaz could be the biggest deal in both FC Porto and Magpies history, according to a report from A Bola (via Sport Witness).

The lowdown

As it stands, the departure of Eder Militao is Porto's most lucrative. The Brazilian moved to Real Madrid for £45million ahead of the 2019/20 season.

The Portuguese outfit have somewhat made their name from farming and selling big talents in recent years, including James Rodriguez to Monaco for around £40m, Radamel Falcao to Atletico Madrid for £36m and Pepe to Real Madrid for £27m (Transfermarkt).

Now, Diaz has the suitors queuing up after netting 11 goals in his first 16 appearances of 2021/22.

He's won some pretty lofty praise from his team-mate Sergio Oliveira, who labelled him 'extraordinary'.

The latest

The report from the Portuguese newspaper, translated by SW, states that Diaz's potential sale could eclipse that of Militao.

He has a release clause of €80million - about £67.6million - but Porto may be willing to accept lower offers, and Newcastle are one of a host of clubs in the race to land the Colombian.

Fellow Premier League sides Liverpool, Everton and Chelsea are also named, along with two continental giants in Real Madrid and AC Milan.

Liverpool and Milan have clearly been impressed by Diaz when coming up against him in the Champions League group stages.

The verdict

It may not only be the Militao record that falls here. Newcastle's biggest signing remains £39.6million buy Joelinton.

It surely won't be long until they surpass that under their new regime, one of the wealthiest in the game, as the new owners will surely want to make a splash before too long in order to signal their ambition to the Toon Army.

But the bigger challenge comes in persuading Diaz to join, when he might also have offers from sides that have already established themselves in European competition.

In other news, Newcastle are ready to offer this target 'huge money'.