Report: Newcastle United boss Rafael Benitez to have to focus on loans

Newcastle manager Rafa Benitez looks on during the Premier League match between Manchester United and Burnley at Old Trafford on December 26, 2017 in Manchester, England.

Newcastle United are yet to make a signing in the January transfer window.

Newcastle manager Rafa Benitez gestures from the sideline during the Premier League match between Newcastle United and Brighton and Hove Albion at St. James Park on December 30, 2017 in...

According to the Northern Echo, Newcastle United boss Rafael Benitez will ‘begrudgingly’ have to focus all his attention on loan deals this month.

Benitez has pleaded with Newcastle owner Mike Ashley for funds, but his appeals appear to have fallen on deaf ears.

Ashley is loathed to invest money into Newcastle this month, as he knows that a sale is so close.

Newcastle United owner Mike Ashley and Managing Director Lee Charnley talk during the Barclays Premier League match between Newcastle United and Tottenham Hotspur at St James' Park on May...

Indeed, the Northern Echo suggest that a deal to sell the Magpies could be completed before the end of the month, but if it is not, Benitez will have barely any money to spend.

Newcastle are willing to sanction loan deals, but permanent additions seem unlikely.

The Magpies also cannot go after high earners, such as Liverpool striker Daniel Sturridge, as their wage budget is limited.

Daniel Sturridge of Liverpool celebrates scoring his sides third goal during the UEFA Champions League group E match between Liverpool FC and NK Maribor at Anfield on November 1, 2017 in...

It means that Newcastle’s most likely targets are Chelsea’s Charly Musonda and Kennedy, but Benitez will have to pick between which one he wants the most.

It all adds up to a frustrating time for Benitez, who had intended to do business this month.

The Spanish boss has publicly stated the need for additions, with Newcastle currently locked in a relegation battle.

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