The Magpies were reported to have had an £15m bid for the Gabon forward rejected yesterday, but NU-Mad understands that is NOT true.
St Etienne hoping to get around £16m for their star player.
Newcastle are unlikely to spend that much on the African, and will wait and see what develops from other interested clubs.
Aubameyang – who has also been linked with Tottenham, Monaco and AC Milan – is believed to want to play Champions League football next season, but that won’t put the Magpies off either.
Source: Newcastle United Mad