The 20 year old is said to want a move to the Premier League with interest previously coming from several teams including Arsenal and Tottenham.
Newcastle are rumoured to have already had an offer for the forward rejected but are still hoping to sign the young player for a six month loan deal with the option to make the move permanent if he impresses.
Currently playing for AC Milan, Niang had an unsuccessful loan deal with Montpellier last year but has continued to garner admiration for his developing talents, drawing comparisons to former teammate Mario Balotelli.