Perez has reportedly been identified as a transfer target for Barcelona, who feel he would enhance the quality of their squad.
The Spanish giants don’t see Perez as a regular starter, but they do believe he could perform a back-up role at the Nou Camp.
With Neymar, Luis Suarez and Lionel Messi already at Barca, Perez apparently realises his chances of playing at Barcelona would be limited.
He is, therefore, said to be undecided over whether a move to Barca would be best for his career.
However, the Mirror suggest that he would rather be back up for Luis Enrique’s side than have to take the drop to the Championship.
Newcastle are currently in 17th place in the Premier League table, but their safety is far from secure.
The Magpies are only one point ahead of Sunderland, with just two games remaining this term.
Newcastle’s final fixtures are against already relegated Aston Villa, and Tottenham Hotspur.