St Mary’s star set to be subject of tug-of-war between St James’ Park and Ibrox clubs.
Newcastle United and Glasgow Rangers are desperate to sign Southampton winger Jason Puncheon this summer.
The Daily Mirror reports the 24-year-old, currently on-loan at Blackpool, wants to leave St Mary’s on a permanent deal.
Magpies boss Alan Pardew is keen to be re-united with the player he bought when in charge of the Saints last year from Plymouth Argyle.
Pardew tried to sign the Londoner in January but was beaten off by Blackpool manager Ian Holloway.
Puncheon is seen as a natural replacement for Wayne Routledge who is expected to make his loan move to Queens Park Rangers permanent.
But Newcastle will face stiff competition from Scottish giants Rangers who are looking to rebuild their squad following the retirement of manager Walter Smith.
Puncheon has scored in every division of English league football, scoring for Barnet in League Two, MK Dons and Southampton in League One, Millwall in the Championship and Blackpool in the Premier League.
He is expected to cost any suitors £500,000 and has two-years left on his current deal with Southampton.