Magpies boss Rafa Benitez will be desperate to add some real quality to his squad this month, with his side nervously looking over their shoulders at the relegation zone.
Whilst Newcastle sit in 13th spot in the Premier League table, only four points separate themselves and the drop zone, and it is clearly evident that the Spaniard needs to bolster his ranks during the transfer window.
The 57-year-old has made no secret of his desire to bring an established forward to St James' Park this month, and with this in mind, he should consider a move for Gunners ace Theo Walcott.
The 28-year-old has played a peripheral role for Arsenal this season, and a move away from the Emirates will surely be the ideal solution for both player and club.
Walcott still has a lot to offer at the very highest level, though, and the direct manner in which he operates in would be ideally suited to the Toon's style of play, and would provide Rafa with an entirely different option in the final third.
He possesses blistering pace, and he would provide the Magpies with a fantastic outlet down the right hand side, what with his ability to make potent runs in behind the opposition defence.
The 47-capped England international would perfectly compliment the qualities of Dwight Gayle, with the Newcastle man most effective when operating in and around the 18-yard box.
It is unclear as to whether Arsene Wenger would be willing to sanction Walcott's exit from the Emirates, but Newcastle should test their resolve nevertheless.
And if Rafa does manage to bring him to St James' Park, it could turn out to be a signing of real significance for the Toon.