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A Reds source declared that discussions over a proposed move had been "on-going for some time" and that a deal was now close to be finalised for Neumann, who is contracted to Adelaide until the end of the 2014-2015 season.
It is understood 28 year-old Neumann is keen to secure his future, with the Jets offering a multi-year deal.
"It's not the club's policy to stand in the way of a player who can legitimately establish a longer term future elsewhere and this is where we find ourselves in relation to Jeronimo," the Reds source said.
The source insisted, though, that a deal had not yet been fully ratified.
Neumann, who joined Adelaide in August 2012, made an indelible impression at Coopers Stadium, scoring 16 goals in 51 appearances and catching the eye with some superb strikes and an ability to improvise in tight situations.
If the move goes ahead it will be just the latest capture for the Jets, who earlier this week announced the arrival of former Young Socceroos defender Sam Gallagher on a one-year deal.
Former A-League player of the year Marcos Flores, Northern Ireland international Jonny Steele, former Socceroos defender Adrian Madaschi and attacking midfielder Joshua Barresi have also been added to the playing group since Stubbins took the helm.