The jailed midfielder faces the axe from the Toon for refusing to take a pay cut while he is 'inside'.
Newcastle are waiting for his next court case to see if he will spend more time at Her Majesty's Pleasure, which seems most likely, before ending his Newcastle career.
The disgraced star will not be offered a way out of Newcastle by Bolton despite reports of a loan deal.
Bolton Rubbish Barton Rumours!
Bolton make made it official and insisted: "We are not looking to sign Barton."