Pardew prefers to shop abroad
Alan Pardew will continue to search for new signings elsewhere in Europe after being priced out of deals in England.
Newcastle have been scouring the continent in recent years for recruits and much of the current Magpies squad were signed from French clubs.
Players from English sides are being sold at sky-high prices, with Southampton's Luke Shaw heading to Manchester United in a £30m deal, and Adam Lallana is expected to join Liverpool in a £25m move.
Pardew was put off by the big asking price for a homegrown player and believes he will get better value for money in the foreign market.
"The fees being paid for players such as Luke Shaw and, it seems, Adam Lallana, illustrate an important point that supporters need to understand," he told the Shields Gazette.
"Clubs like Newcastle get accused of not signing English players, but these are prices mid-table teams in the Premier League simply cannot afford, unlike Champions League clubs with their extra revenue.
"We recently inquired about an unproven player not in the side at one of our top clubs, and we were asked for £14m. He will not be joining.
"Yet we can pick up players such as Yohan Cabaye, Mathieu Debuchy and Moussa Sissoko for reasonable fees, all of whom have been starring for France at the World Cup."
Newcastle are thought to be interested in Hertha Berlin striker Pierre-Michel Lasogga, while they have also been linked with Lyon forward Alexandre Lacazette and Montpellier midfielder Remy Cabella.