Should Bruce become the new gaffer at St James' Park, the former Sunderland manager would replace Rafa Benitez following the Spaniard leaving his post for pastures new and lot's of pennies in China.
Sam Allardyce claims he rejected the chance to speak to Newcastle United about returning to the club as Rafael Benitez's replacement.
"I was very flattered that I was considered but it's that thing, don't go back", he revealed.More news: Washington Launches Probe Into France's Planned Technology Giants Tax
"I politely said no and moved on".
Newcastle hope to iron out the remaining details as quickly as possible and will endeavour to ensure Bruce is able to meet the players for the first time in China next week.
"I never got to talk to Mike, it was just my agent contacted me and I had a quick think about it and a look at the situation".
"It wasn't something I thought about for too long. We're in pre-season now and they're back in training". I thought it'd be better to make a quick decision for everyone.More news: Trump defends cabinet member embroiled in Jeffrey Epstein sex-abuse case
Newcastle would have to shell out a reported £5m fee in compensation to Sheffield Wednesday should they manage to tempt him away, a figure that shouldn't cause many waves with owner Mike Ashley.
Benitez departed after his contract expired, saying the Premier League club "did not share his vision".
And it adds that Chansiri is preparing to play hard-ball over the 58-year-old's future.
Bruce, who spent two years at their fierce rivals Sunderland between 2009-11, is a boyhood Newcastle fan and feels he can not resist the lure of the challenge on Tyneside.More news: Two dozen deaths in tribal violence in Papua New Guinea