Journalist Ben Jacobs has dropped an update regarding Newcastle United's reported transfer interest in Brighton & Hove Albion midfielder Moises Caicedo. 

The Tyneside club have been linked with a move for the Ecuadorian in recent weeks, as have fellow Premier League sides such as Chelsea and Manchester United.

This interest has led to Brighton reportedly wanting a transfer fee of £70m-£75m to sell their midfield maestro.

With the January transfer window close to opening, some behind-the-scenes details have emerged concerning the situation surrounding the Brighton star and Newcastle's interest in him.

The Latest: Jacobs' update on Caicedo

In a recent Twitter post, Jacobs had this to say regarding Newcastle's link to Caicedo, revealing one man is pushing a deal in the boardroom.

"The Newcastle links do have some substance to them. Dan Ashworth has been pushing Caicedo since joining Newcastle from Brighton as sporting director.

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"But Newcastle have some FFP concerns so may also be put off by the price or wait until summer."

The Verdict: A financial quandary for Newcastle

Caicedo's league performances for the south coast outfit this season have proved how much of an impressive midfielder he is and why he has some big clubs after him.
For example, having featured in all 15 of Brighton's league games, he's made more progressive passes (68) than any of his teammates as well as having the highest combined total of tackles and interceptions (65) at the club.  
His performances for Roberto De Zerbi's side this season have earned the midfielder an overall season rating of 6.9/10 from WhoScored, making him the fourth-highest rated player at Brighton. Taking all of this into account, it's safe to say that Caicedo would be a solid, albeit an expensive addition to Newcastle's squad. Moving forward, it appears that despite Ashworth's hopes of bringing the midfielder to St. James' Park, the financial aspects of the potential move is something that the club will have to consider beforehand.