Rafael Benitez right not to gamble on Arsenal's Lucas Perez

Rafael Benitez, the Newcastle United manager looks on during the Premier League match between Huddersfield Town and Newcastle United at John Smith's Stadium on August 20, 2017 in...

Newcastle United were linked with the Arsenal marksman for much of the summer.

Lucas Perez of Arsenal in action during the Premier League match between Arsenal and Southampton at Emirates Stadium on September 10, 2016 in London, England.

It was a bitterly disappointing summer on the transfer front for Newcastle United, who probably missed out on as many players as they signed.

One of those was Arsenal striker Lucas Perez, who wound up re-joining Deportivo La Coruna on loan despite weeks of speculation linking him with Newcastle.

Arsenal's Spanish forward Lucas Perez (C) celebrates after scoring a goal as Basel's Colombian defender Eder Balanta reacts (R) during the UEFA Champions league Group A football match...

One of the reasons why a move failed to materialise is because manager Rafael Benitez only wanted him on loan and Arsenal wanted £13.4 million, according to The Standard.

But so far, Benitez looks like he was spot-on in being reluctant to spend that sort of money on the Gunners forward.

Arsenal's Spanish striker Lucas Perez celebrates after scoring their second goal during the English Premier League football match between Bournemouth and Arsenal at the Vitality Stadium in...

Since re-signing for Deportivo, the 28-year-old Spaniard has failed to find the net in any of his four Primera Division games in La Liga, perhaps justifying Benitez's preference for a loan deal rather than a permanent one.

He is a talented striker, and he scored a Champions League hat-trick for Arsenal last season, but if he isn't much use to Deportivo in a division which should be very familiar to him then he wouldn't be much use to the Magpies in a country where he struggled.

Of course, things could change and he might well prove a fine loanee in his homeland, but for the moment the former Liverpool boss deserves credit for his reluctance.

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