Apparently, former Chelsea manager Frank Lampard was also in the running and co-owner Jamie Reuben wanted the former England international in charge of the magpies.
However, Lampard is concerned about Newcastle’s current situation and their prospects of staying in the Premier League after a disastrous start.
Fonseca, on the other hand, has impressed the club with his short and long term vision during an interview.
The 48-year-old was close to taking over at Tottenham Hotspur earlier on in the summer but the move collapsed in the end and the Londoners ended up appointing Nuno Espirito Santo as their manager.
Fonseca is known for his expansive style of football and the Newcastle fans can certainly be excited if he ends up taking charge of the club. The Magpies have been treated to long-ball tactics throughout Steve Bruce’ reign and Fosenca’s attacking football could be a hit with them.
Newcastle are currently 19th in the league table with five defeats and four draws from nine outings.
Fonseca has a massive challenge ahead of him and it remains to be seen whether he can guide the Magpies to safety this season.
The report from Mirror adds that Steve Bruce’s former assistant Graeme Jones will stay in charge for the next two matches as the owners continue to finalise a new managerial appointment.