Newcastle United have already agreed Kenedy deal in principle, but should they give it up?

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 also want Chelsea winger Charly Musonda, and landing the Belgian may be easier.

Kenedy of Chelsea goes past the challenge from Angel Di Maria of PSG during the UEFA Champions League round of 16, second leg match between Chelsea and Paris Saint Germain at Stamford...

Newcastle United may be better off scraping a move for Kenedy to ensure that they land Charly Musonda.

Newcastle are currently one of four teams chasing Musonda, according to the Shields Gazette, but they are faced with a dilemma.

The Magpies also want Kenedy from Chelsea, but they are only allowed to take one player from a Premier League club on loan.

Charly Musonda of Chelsea shoots during the Premier League match between Crystal Palace and Chelsea at Selhurst Park on October 14, 2017 in London, England.

Newcastle agreed a deal in principle for Kenedy right at the start of the transfer window, but Chelsea are loathed to allow the Brazilian to leave currently.

Chelsea want to sign added cover, before sanctioning any deal to allow Kenedy to depart.

And Newcastle may now need to make a decision over whether to wait for Kenedy.

Kenedy of Chelsea during the Carabao Cup Quarter-Final match between Chelsea and AFC Bournemouth at Stamford Bridge on December 20, 2017 in London, England.

If Newcastle pass up the opportunity to sign Musonda, in the hope of landing Kenedy at a later date, they could risk missing out on both of the pair, if Chelsea do not do business.

And it may be that Newcastle are simply better off going after Musonda now, as Chelsea are willing to loan the winger out straight away.

Register for NEWCASTLE UNITED team updates

Register for HITC Sport - Daily Dispatch