Newcastle United are yet to have a serious conversation on a potential exit for Sandro Tonali, with the club holding out for £100m for the Italy midfielder. As revealed on June 5, Arsenal have already made it clear that they don't rate Tonali beyond a £60m price tag after cooling their interest. That would leave Manchester City and Manchester United potentially tussling for Tonali, but it remains to be seen whether Arsenal change their stance on Tonali now that their bitter rivals Tottenham Hotspur have shown interest to the ex-AC Milan star's agent Giuseppe Riso. Riso is the man who has been driving Tonali's potential exit from St James' Park but he will argue he is merely doing his job in identifying opportunities for his client. Newcastle argued that Tonali already has a strong contract on Tyneside and is tied down until 2029 at least. However, the lure of getting a wage packet beyond £150,000 per week is real for the Magpies. Sporting director Ross Wilson will drive a hard bargain but for the talk of Spurs this week the London side, who narrowly avoided the drop last season, have not slapped in a bid. Newcastle chairman Yasir Al Rumayyan has also spoken about a patient but dedicated approach to the project after some questions. The Toon chief has been quoted saying that the club will continue to invest and be diverse, with a long-term patient investor approach. Newcastle have been approached by a number of potential business partners on investment for both a new stadium project and a potential revamp of St James' Park. It is now understood that one of those partners is KKR/Arctos Partners, the US-based private equity firm, regarding possible future plans for the stadium. PIF were always looking for a partner, investor or sponsor to work together with on the stadium project. A report in Reuters appeared last month suggesting that those discussions had taken place, and it is understood that new investors could be on the horizon. Newcastle United's transfer window has been quiet so far, with Ewen Jaouen's arrival yet to be followed up with summer signing number two. But the club is working away in the background, with a plan in place to bring in new signings. And with the future of Sandro Tonali still uncertain, the Magpies will be looking to make some key signings in the coming weeks. So far, the club has been linked with a number of top players, but nothing has been confirmed. But one thing is certain, Newcastle United will be looking to make a big impact in the transfer market this summer. The club's fans will be eagerly waiting to see who the new signings will be, and how they will fit into the team. With the new season just around the corner, Newcastle United will be looking to make a strong start and challenge for a top-six finish. And with the right signings, they could be a real force to be reckoned with in the Premier League.