Premier League club Newcastle United pulled the plug on a January deal to sign Maximilian Philipp on loan from Borussia Dortmund, according to Lee Ryder of Chronicle Live.

The Magpies wanted to recruit attacking options in the mid-season transfer window and reportedly eyed the German forward.

Rafa Benitez saw two new players added to his Newcastle squad in January, as Antonio Barreca arrived on loan from AS Monaco before Miguel Almiron joined in a club-record deal from Atlanta United.

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However, it appears that the club were pursuing an ambitious deal for Philipp, who has endured a difficult season with Dortmund.

Lucien Favre’s side are enjoying an excellent campaign and sit at the top of the Bundesliga table. Their attacking form has left the 24-year-old without many opportunities for regular game-time, coinciding with his recent injury struggles.

Newcastle were reportedly negotiating a loan move for Philipp, with Dortmund more than prepared to allow him to depart in search of valuable minutes.

Negotiations appeared to have been progressing well but, according to Ryder in the report from Chronicle Live, the German club’s asking price for an eventual transfer fee saw the Magpies pull out of talks.