With Newcastle's pursuit of attacking reinforcements at the forefront of the mind of new manager Steve McClaren this summer, the Mirror are suggesting that the Magpies are eager to use interest in one striker to bring down the price of a player Sky Sports have reported to be their number one target.
McClaren has a £25 million transfer kitty according to the paper, and he is prepared to spend a large chunk of that strengthening his attack, with Deeney available for around £10 million, and the Hoops holding out for £15 million for Austin, who was on England duty recently.
The Mirror say that McClaren made a play for the Hornets star in January while he was at Derby, a bid that was rejected by the Londoners, but it is QPR's former Burnley man that has been strongly linked to St James's Park since the former England boss took over on Tyneside.
Why Austin might be a better bet for Newcastle than Deeney
Though both players have banged goals in at Championship level, only one of them has managed to demonstrate his ability to find the back of the net in the top flight.
Austin was the second highest English goalscorer in the Premier League last season with 18 strikes, proving that he is more than capable in that division.
Deeney on the other hand, would represent a gamble, especially given the transfer fee quoted by the Mirror, and though he could copy Austin in bringing his Championship form to the Premier League, no one will know for sure how he will fare until several games into the new season.
Arguably, considering QPR striker Austin's exploits last season, he is already worth spending the necessary money to secure his signing, but with West Ham, Southampton and Chelsea also rumoured to be lurking according to the Standard, Newcastle know they have to line up alternatives.