The Sentinel claims Vale will unveil a new striker and defender later this week.
The Peterborough forward Idris Kanu has been strongly linked with a loan move to the Valiants.
Should both players sign it will take Vale’s summer signings to ten.
Vale are also keen on a loan move for West Brom’s Kyle Howkins but it is unclear if he will be the defender targeted.
Meanwhile, the newspaper also claims striker Dan Turner will move on loan to Scottish club Falkirk.