Magpies in for Everton number nine this summer
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Everton supporters know this will be a summer of feverish speculation about their players and that some of those players will leave sooner or later.
This story is not a surprise then and so according to the Daily Telegraph Calvert-Lewin is one of two English forwards the Magpies have now targeted for the upcoming transfer window.
Calvert-Lewin has had a very mixed and inconsistent season with a few goals earlier on in the campaign before he hit a terrible barren run in form.
That drought saw him fail to find the net from the 29th October - when he scored the only goal at West Ham - until he scored from the spot against Newcastle on 2nd April.
At the time, as he was unable to score goals, Everton were desperately struggling to win games and it looked as though they would end up back in a relegation dogfight that they had clawed their way out of, despite the points deductions handed to them in November and then again in April.
With the club mired in debt and facing a possible third PSR breach next season while the never-ending uncertainty over who owns the club continues, it is definitely a summer transfer window that will see players leave.
The former England international has one year left on his current contract at Goodison Park and so a summer sale to avoid him leaving for free, is certainly a strong possibility.
Calvert-Lewin wouldn't though appear to be an obvious choice for the Magpies to potentially replace their leading scorer Alexander Isak (if that is the plan) who is a target for other clubs.
For all his qualities; pace, strength in the air and ability to hold the ball up effectively, Calvert-Lewin is not a natural goalscorer - as his recent record during this campaign underlines.
For Everton though his departure would be a major problem as there is not an obvious replacement in the squad for him.
Last summer's main signing Beto has had chances this past season and unfortunately he did not inspire any confidence that he can become a Premier League calibre centre-forward.
And his fellow Portuguese striker Youssef Chermiti, who was also brought in during the same transfer window, is still only a teenager and while he has shown real promise is very inexperienced.
Furthermore, he isn't a player who looks a natural to operate as a target man which is how Sean Dyche likes his centre-foward to play.
There are other players out there who could come in and do a similar job but the question would be, could Everton afford to buy them?