The England international is open to a move away from St James’ Park this January.
Newcastle have already rejected a loan offer from Atletico Madrid this month, insisting that Wilson is going nowhere.
However, with 18 months left on his deal, they could look to sell while he still has some resale value.
Wilson has been a mainstay in Eddie Howe’s team despite his battles with injuries and sharing game time with Alexander Isak. He has netted seven goals in 14 league appearances this term.
He notched 18 goals to help Newcastle qualify for the Champions League last season.
Wilson remains on the sidelines after suffering a calf injury around a month ago, but Howe still wants to keep him.
However, Newcastle will be open to selling if Milan submit the right offer. The Magpies are keen to reinforce their ranks but are limited due to the Premier League’s financial rules.
Newcastle chief executive Darren Eales admitted that every player has a price, and Wilson could be on his way to Serie A if Milan meet it.
The Magpies have RB Leipzig striker Benjamin Sesko on their shortlist to replace Wilson, but his £42 million release clause doesn’t kick in until this summer.
Newcastle are also bracing themselves for an offer for mercurial full-back Kieran Trippier.
Bundesliga champions Bayern Munich are interested in signing Trippier. Newcastle rejected loan and permanent offers for the 33-year-old over the weekend.
However, Trippier is keen on moving to Germany, meaning there is still a possibility that he will leave despite Newcastle’s reluctance.
Trippier is not the only player who could be on his way out of Newcastle, with Saudi Pro League club Al-Shabab reportedly agreeing a deal for winger Miguel Almiron.
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