Newcastle in position to sign Chelsea striker Loic Remy on loan - source

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Newcastle United are in a strong position to sign Chelsea's Loic Remy after Crystal Palace cooled their interest in the France striker, a source has told ESPN FC.

Palace were widely reported to have been pushing for a deal to sign 29-year-old Remy, with Eagles manager Alan Pardew keen to bolster his attacking options ahead of the transfer deadline next Monday.

Now it has emerged that Remy is unlikely to move to Selhurst Park this month, despite flourishing under Pardew's leadership at Newcastle as he scored 14 goals in 26 Premier League appearances during the 2013-14 season.

Clubs from abroad are also showing an interest in signing Remy, with Spartak Moscow among those in the mix for the striker who has scored eight goals in 29 Premier League appearances for Chelsea over the past two seasons.

Remy will only be allowed to leave Chelsea if the Premier League champions find suitable replacements, and sources have told ESPN FC that Brazilian attacking star Alexandre Pato is close to completing a move to Stamford Bridge.

Confirmation of the Pato deal is likely to trigger Remy's move, with regular first-team football the motivation to leave Chelsea in this month's transfer window.

Newcastle have also been strongly linked with a move for West Bromwich Albion forward Saido Berahino, with any agreement for Remy likely to be a loan deal until the end of this season.

Meanwhile, Palace are still weighing their transfer options, with out-of-contract Togo striker Emmanuel Adebayor and Wolfsburg forward Nicklas Bendtner on Pardew's radar as he looks to find a cutting edge to a team that have scored just one goal in their past six Premier League fixtures.

Palace will not offer long-term contracts to Adebayor or Bendtner, with deals until the end of this season the only offers on the table.