Caig spent three years at St James’s Park during his playing career, but the goalkeeper didn’t make a first-team appearance.
Now goalkeeping coach at Dundee United, Caig’s set to take up a position at Newcastle’s Academy, according to the Daily Record.
Caig, signed by Sir Bobby Robson in 2003, reportedly wants to return to the North East for “family reasons”.
The 47-year-old was a team-mate of academy manager Steve Harper at United.
Check out the latest Premier League speculation below...
5. Maupay considering international switch
Brighton striker Neal Maupay has consulted a Seagulls teammate Alexis Mac Allister over a shock nationality switch from France to Argentina. (La Nacion) | Getty Images
6. Whites keen on Cakir
Leeds United have ‘stepped in’ to potentially sign Turkish international goalkeeper Ugurcan Cakir, who currently plays for Trabzonspor. Newcastle are also keen. (Fanatik) | Getty Images
7. Toon eye Osimhen
Newcastle United have ‘knocked’ on the door for Napoli forward Victor Osimhen in the winter market, and will be ‘sure’ to return for the player in the next window. (Gazzetta dello Sport) | Getty Images
8. Swansea stance on Downes outlined
Swansea would find it ‘extremely hard’ to reject any interest in Leeds United target Flynn Downes this summer. (Wales Online) | Getty Images