McLoughlin has been hugely impressive for League of Ireland leaders Cork this season having only joined the club before the campaign began. In 18 appearances, he has scored three goals and, perhaps impressively, is yet to receive a caution or red card.
The 21-year-old is now attracting a lot of attention from England. TEAMtalk reports that Liverpool and Everton are leading the race for his signature, while Newcastle are amongst those who are also keen.
TEAMtalk adds that Sheffield United, Middlesbrough and Preston North End also have their eye on the prospect, whose departure Cork have already prepared for by signing Damien Delaney from Crystal Palace.
The Chronicle recently reported that Rafa Benitez is keen to bolster the academy ranks at St James' Park this summer. So McLoughlin would perhaps be one of those players who is initially given a chance in Newcastle's under-23s with his progress continually monitored in the hope that he is ready to step up to the first-team fold as quickly as possible if he joined the Magpies.
But Newcastle seemingly have some ground to make up if they hope to complete a deal, with Liverpool and Everton out in front. Everton have a great record when it comes to signing unproven youngsters and quickly integrating them into the first-team picture at Goodison Park, so it will be interesting to see where McLoughlin heads if it comes down to the two Merseyside clubs.