Seol (left) has admitted he wants to join Fulham

Newcastle's N'Zogbia, 21, is likely to cost around �3m, while Fulham are believed to have offered Reading �1m for 28-year-old South Korean Seol.

Seol said: "Fulham want me and I would be happy to play for them.

"There is a chance I will start the season as a Fulham player. I want to play every week."

606: DEBATE I'm impressed with Lawrie Sanchez. He has signed some very good players bf

Sanchez has already splashed out more than �14m this summer, bringing in seven new players.

But the Fulham boss, who took over five games before the end of last season, told BBC Five Live on Monday that he expected to sign "two or three more players".

N'Zogbia fell out with Newcastle when he was excluded from the squad to face Watford in the Magpies' final game of last season.

Seol joined Reading in a �1.5m deal from Wolves in July 2006.

However, after losing his first-team place, he threatened to seek a move and his recent comments about joining Fulham appear to suggest his stay with the Royals may not last more than one season.