The 24-year-old Iceland international scored 24 goals in the Dutch top flight last season.
The Journal reports that Finnbogason was offered to the Magpies during the summer window for a fee of around £5million.
Newcastle decided to look at other targets during the summer.
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As always it is the so called “big clubs” that have splashed the most cash in the transfer window so far this summer. Manchester United or City? Arsenal or Tottenham? Who are the winners and losers of the transfer window so far?
Being an amiable guy is good for you and Jurgen Klopp is living proof.