That is despite Premier League clubs voting on Tuesday against a ban on associated-party loan deals for the January window – which allows Newcastle to sign the Portugal international from Al-Hilal temporarily.

Seven clubs, including the Saudi-owned Magpies, voted against putting restrictions in place at the top-flight’s shareholder meeting on Tuesday (21 November).

Nevertheless, both Newcastle and Man City are believed to be unlikely to move for Neves in January.

However, their interest remains concrete and active, sources say, with the 26-year-old intending on a swift Saudi exit.

Football Insider revealed last week (15 November) that Neves only made the big-money move to Al-Hilal at the peak of his career on the basis that he would move on from the Middle East quite quickly.

As such, he is keen on an exit at the end of the 2023-24 campaign – opening the door for Newcastle and Man City to make their move.

Football Insider revealed last week (17 November) that Man City have a concrete interest in Neves as they look to replace Kalvin Phillips – who is expected to move on in January for pastures new.

A well-placed source told Football Insider that City boss Pep Guardiola is a huge fan of the midfielder and believes he fits the profile needed for the treble-winners going forward.

Meanwhile, Newcastle are long-term admirers of Neves – who remains a regular Portugal international despite his Saudi move.

He has made 17 club appearances across all competitions this term, notching two goals and one assist.