But it is now being claimed that the England international wants to stay at St James’ Park should the Newcastle decline end with a place in the Championship.
Newcastle are in the bottom three and six points adrift of Norwich with an inferior goal difference.
The Magpies have six league games left to save their top flight credentials, but have suffered back-to-back defeats to Norwich and Southampton in recent weeks and have been unable to gain any momentum under new manager Rafael Benitez.
Benitez took over from the sacked Steve McClaren in March but has collected just one point in four league games.
The Sun claim that the club’s hierarchy would be willing to do a deal with Shelvey if he wanted to leave.
Shelvey has reportedly rejected that offer and is committed to honouring the agreement he signed in January.
In other Newcastle news, a report has claimed that the Magpies are already looking for a replacement for Benitez.