The 26-year-old was one of the Magpies' first signings by the club's Saudi-backed owners in January 2022, joining from Lyon for a reported £40m, and he has since become a fans' favourites a St James' Park.
Guimaraes is a mainstay in Eddie Howe's side and has made a total of 95 appearances for Newcastle across all competition, scoring 13 goals and registering 12 assists as a deep-lying midfielder.
The Brazil international still has over four years remaining on his Magpies contract, and he recently insisted that he is «very happy» at the club.
However, Guimaraes continues to be linked with a possible big-money exit this summer due to Newcastle's financial situation.
The Magpies announced pre-tax losses of £73m for the financial year earlier this season, and CEO Darren Eales has since admitted that the club may be required to sell some of their star players if they wish to reinvest in their squad and avoid breaching the Premier League's Profit and Sustainability Rules.
Guimaraes has allegedly attracted interest from a number of top European clubs including Paris Saint-Germain, Barcelona, Real Madrid, Liverpool and Chelsea.
According to FootballTransfers, treble winners Man City are the latest club to be exploring the possibility of recruiting Guimaraes this summer.
The report adds that the Citizens have a 'huge interest' in the Brazilian as they look to strengthen their midfield options ahead of next season.
It is understood that any interested suitors in Guimaraes must meet the midfielder's £100m release clause in his Newcastle contract.
Man City could look to step up their pursuit of Guimaraes if they decide to
Read on sportsmole.co.uk