Newcastle United have been told how much it will cost them to sign reported transfer target, James Maddison. 

The Lowdown: Newcastle linked with Maddison

The Magpies have been linked with a move for the Leicester City star, not only during the previous summer transfer window but also ahead of the upcoming winter window.

Prior to the World Cup, Maddison had scored seven goals and delivered four assists in 13 Premier League appearances for Brendan Rodgers' side.

With the January window around the corner, the Toon have discovered how much money it could take to sign the £110k-per-week England international.

The Latest: Newcastle told Maddison price tag

According to a recent report from Football Insider, Leicester have put a £60m price tag on the midfielder.

The report also adds that the Foxes "have no intention of losing Maddison midway through the season and they feel his value has increased following his impressive form in the Premier League prior to the World Cup break."

[web_stories_embed url="https://www.footballtransfertavern.com/web-stories/newcastle-news-7/" title="Newcastle news!" poster="" width="360" height="600" align="none"]

The Verdict: Newcastle should wait

In addition to his goals and assists this season, Maddison only has five players in the entire league with more shots at goal than him (39).

Similarly, only three players in the division have racked up more shot-creating actions than the Leicester star (57), who also only has four players in the league that have made more key passes than him (31).

This backs up why his performances have been described as "magnificent" by Gary Lineker and why the Toon are still hot on his tail.

Even though Newcastle have shown during their previous transfer windows that they are not reluctant when it comes to spending significant amounts of money to sign new players, we feel that it would be better for all parties if they wait until the next summer window to sign Maddison rather than in January.

With the Englishman set to enter the final year of his contract at Leicester once the current season ends, the summer could be a better time for Newcastle to negotiate a deal with the Foxes for their star midfielder.