It's unclear for how much longer Tammy Abraham will be a Chelsea player.
The 18-year-old is now on worldwide duty with the England Under 21's at the European Championships in Poland, and the Magpies were hoping to to push through a deal before he departed.
But Chelsea are considering sending their striker to Hull, where Roman Abramovich's pal Leonid Slutsky has taken charge.
"Hopefully it will be in the Premier League".
Although his scoring record is impressive, potential suitors may not be so enamoured with the finances surrounding any move for the youngster, according to The Daily Mail.
The paper also goes on to explain that unforeseen financial aspects of the deal are still unresolved with his wages set to increase at Chelsea due to the Blues' desire to hand him a new contract before he heads out on loan.
The report states that the Seagulls could be deterred after being informed that they along with all clubs interested in the striker have to pay an additional £1million to cover signing-on fees for the player, his family and his agent.
Abraham starts for England Under-21s against Sweden tonight in their opener in the European Championship (5.00pm) and Smith says it's a ideal opportunity for Abraham to show Chelsea what he can do.