The Sunday People claim that Newcastle are the front runners for the honour, although Hampden Park, the Philips Stadium in Eindhoven and Hamburg’s AOL Arena are also being considered.
UEFA will announce their decision after an executive committee meeting in Rome on March 26.
The report also claims that the Mackems applied to stage the final, but are likely to be snubbed because by the time of the game they will have lost their top flight status!