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Newcastle launched an attempt to sign Anthony Elanga for £45million from Nottingham Forest on Tuesday - but were swiftly rebuffed.
Mail Sport understands Forest received the offer in the morning but rejected it quickly and have no intention of selling the Sweden international.
The winger, 23, was one of the key cogs in Nuno Espirito Santo's side as Forest finished seventh and secured European football for the first time since 1995-96.
Newcastle are weighing up whether to submit another bid for Elanga or pursue other targets.
Mail Sport exclusively revealed that the Magpies enquired about him earlier this month, having had an approach snubbed last summer.
But Forest will want a sizeable fee for a man who scored six and assisted 12 goals this season - especially one with three years left on his contract.
