The 26-year-old has become an integral first-team player and a fans' favourite at St James' Park since joining from Lyon in January 2022, contributing with 14 goals and 14 assists in 101 appearances in all competitions.
Guimaraes recently expressed his desire to «stay much longer» at the Magpies, with the Brazil international's contract not due to expire until June 2028.
However, speculation over his future remains rife amid Newcastle's financial predicament, with CEO Darren Eales admitting earlier this year that the club may be forced to sell star players in order to balance their books and comply with the Premier League's Profit and Sustainability Rules.
Manager Eddie Howe has also admitted that he cannot guarantee that Guimaraes will stay at the club beyond this summer's transfer window.
Arsenal enter race for GuimaraesMan City have regularly been linked with a big-money move for Guimaraes in recent months, with one report claiming that they have identified the Brazilian as their primary midfield target ahead of the 2024-25 campaign.
Man United are allegedly ready to battle the Citizens for the signature of Guimaraes, while Chelsea, Liverpool, Paris Saint-Germain, Barcelona and Real Madrid have also been credited with an interest.
However, according to The Sun, Arsenal are considering a summer move for Newcastle's No.39, with Mikel Arteta said to be keen to bolster his midfield options amid uncertainty over the futures of Thomas Partey, Jorginho, Charlie Patino and Mohamed Elneny.
While Elneny is out of contract in the summer, Jorginho, Patino
Read on sportsmole.co.uk