The Newcastle United youngster starred for Coventry City this past season.
The 19-year-old Newcastle youngster spent last season on loan in League One at Coventry City. He was a big hit with them, netting 20 goals in the division and earning rave reviews for his performances.
The Magpies had intended to loan him out again for this forthcoming season, but their relegation to the Championship may have changed those plans somewhat.
A year at a club in the second flight would have been ideal, but Newcastle are now reluctant to loan him out to a divisional rival as it could be a decision that haunts them.
If the likes of Aleksandar Mitrovic, Ayoze Perez and Papiss Cisse all remain then Armstrong would be unlikely to feature for Rafa Benitez’s side next season.
And according to the Chronicle, Newcastle will make a decision on his future after this summer’s Under-19 European Championships, which run until the end of July.
One potential destination could be Kilmarnock, with former Newcastle star Lee Clark looking to add quality to his squad for next season.