Newcastle had put their 24 year old defender on the Transfer List after it was rumoured that he had demanded too high wages.
The statement released on his behalf read: “Figures released to the media do not accurately reflect the position of either Steven or his agent.
“Both (Taylor and the club) remain happy to continue negotiations over a new and extended Newcastle United contract.
“Steven was disappointed and surprised to hear through third parties that the club had decided to transfer list him.
“He has always given 100% to the club and will continue to do so given the opportunity.”
