The 26-year-old has pledged his future to Real Madrid.
Coach Bernd Schuster wants Saviola to stay with Madrid and allowed him to keep the fabled number nine shirt as a show of faith.
Javier Saviola: "Nobody has come to me from Newcastle but I have found out about their interest by other means.
"At the present time I'm with Real Madrid and my future is here. When the competition begins we will see what my situation is but my desire is the same - to work hard and have minutes on the pitch.
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"It is important the coach trusts me, it's the best thing that can happen to a footballer. I hope to play enough games to justify my work. I already have that confirmed from Schuster in confidence."