The Echo are reporting that he is on the verge of being paid up by Cardiff City and then joining Newport County on loan but County have been quick to deny that a deal is imminent.
Suggestions in the Echo that he could play as soonas Saturday were refuted by County boss Peter Beadle but he did confirm their interest.
"There is no latest news with Campbell, I am not sure where the story has came from, it's certainly not from our end," Beadle told the Newport Argus.
"The situation is that of course we would be interested in a player like him and from what we can gather Cardiff are going to pay him up and terminate his contract.
"We would love to have him here but there has been no conversion between us and there has been very little contact between us and Cardiff City.
"We have spoken to Cardiff about him and they have confirmed he could soon be available, but that is as far as it has gone. I can confirm that we would like to speak to him, but suggestions that he could be our player by the weekend are about ten steps further than we have actually gone."
Campbell of course scored City's winner in the play off final in 2003 and before joining Cardiff City was at Premiership club Middlesbrough. Since losing his place at Cardiff he's been to Doncaster and Oxford on loan but without success.