The goalkeeper has only just signed a four-year deal with the Championship club.
Newcastle United's Freddie Woodman
The 19-year-old handed Rafael Benitez a major boost ahead of the new season by snubbing Premier League interest to sign a four-year contract at St James' Park, the Shields Gazette reports.
Newcastle United manager Rafael Benitez
But with four goalkeepers all with a genuine case to be ahead of him in the pecking order, Woodman has suggested that it would be best for him to spend the campaign somewhere he can play regularly.
"It's been a difficult time for the club and a difficult time for myself," he told the Shields Gazette.
"I haven't got as much game time as I'd have liked this season, and it's something I'll have to look at and see if I can get out on loan."
With many expecting the Magpies to return to the Premier League at the first attempt, it seems much more likely that Benitez will turn to one of the other goalkeepers in his squad as they all boast much more experience than the former Crystal Palace trainee.
And while the long-term deal shows that he is very much in the club's plans for the future, their potential promotion to the top flight is unlikely to do Woodman's first-team chances any favours.
A loan deal will allow the youngster to learn his trade in a way he simply would not do staying at Newcastle this term. And he will certainly be motivated to enjoy a successful loan spell as he will know that if Benitez is having a tough time picking which of his other four stoppers should be number one, he could quite easily capitalise on the indecision and make it an even tougher choice.
General view outside St James' Park