By Wayne Veysey

30th Jun, 2016 | 3:14pm

Newcastle and Aston Villa on red alert as club begins to relent on striker asking price - report

By Coral Barry

Fulham may lower their asking price for Newcastle and Aston Villa target Ross McCormack with his release clause set to expire, according to a report.

McCormack struck 21 times in the 2015-16 Championship season for the Cottagers and has been linked with a move to recently-relegated Villa and Newcastle in recent weeks.

The Daily Mail now claim that the issue of McCormack’s asking price could be resolved with his release clause of £12million due to expire on Friday.

The figure is believed to have been a sticking point for suitors who up until now had been reluctant to splash out such a fee on the 29-year-old.

Sheffield Wednesday, Hull and Norwich are among the other clubs thought to have registered an interest and it is claimed the expiration date of July 1 on McCormack’s release clause will prompt them along with Newcastle and Villa to return to the table.

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Newcastle are reportedly on the verge of sealing the capture of Dwight Gayle from Crystal Palace, but are looking to add at least two strikers to their playing roaster.

Villa are equally eager to add some much needed firepower to their ranks and have identified the free-scoring McCormack as the perfect option because of his wealth of experience in the Championship.

Fulham manager Manager Slavisa Jokanovic is eager to rebuild a squad capable of pushing for promotion, but is in need of funds and may sanction the sale of McCormack to raise transfer cash.

Jokanovic does not want to part ways with his star striker after losing the other half of his prolific forward pair, Moussa Dembele, to Celtic this week for just £450,000.

In other Newcastle news, the club have informed their winger to make a swift decision on his future after his release clause was triggered.