Valdes, 33, was seen as a great signing for United when he joined a free transfer back in January, six months after his Barcelona contract expired - and with no other teams willing to take a chance on him following a serious knee injury, Valdes reunited with his former Barca boss Louis van Gaal.
That relationship has turned sour though, as Valdes has played just twice for the Red Devils before falling out with Van Gaal over the summer, meaning he has no future at Old Trafford.
A January exit seems almost inevitable, and The Mirror believe that Valdes is now open to joining United's Premier League rivals Newcastle, with the Magpies desperately looking for a new goalkeeper.
Tim Krul suffered a season-ending knee injury on Saturday whilst on international duty with the Netherlands, and second choice stopper Karl Darlow is also out injured with a knock to his foot.
World Cup and Champions League winner Valdes would therefore fit the bill as an experienced goalkeeper who can slot straight in for Newcastle, though any deal would only be able to go through in January, with the transfer window closed.
With Valdes seemingly keen to at least explore a move to St. James' Park, it's something Steve McClaren and the Magpies should consider, with Valdes simply wanting to play football on a regular basis at this late stage of his career.