Should Newcastle spend £10m kitty to tempt Wilshere from Arsenal?

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Newcastle have £10m to sign a new goalkeeper but should they use it to try and land Jack Wilshere from Arsenal instead?

Rafael Benitez, manager of Newcastle United, looks on prior to the Premier League match against Swansea City.

With more than half of the January transfer window now gone Newcastle United are still yet to make a single new signing.

It makes for a frustrating time for manager Rafa Benitez, although according to the Sun there is still a chance a new goalkeeper could arrive, at least, with Napoli’s Pepe Reina being strongly linked.

SSC Napoli goalkeeper Pepe Reina dives during the Italian Serie A football match against UC Sampdoria.

Apparently the Magpies have allocated £10m and £100,000-a-week to Benitez to land a new stopper, but while improving the position appears to be a priority should they use that money differently?

The same newspaper reports that Jack Wilshere’s future at Arsenal is once again in doubt, with the midfielder having to pass a full medical and take a 20 percent pay cut on his current £90,000-a-week wages if he is to earn a new deal with the club.

Wilshere’s current contract with the Gunners expires this summer and he has been linked with an exit from the Emirates Stadium this month, with the Daily Star reporting Newcastle were among the sides interested in his signature.

Jack Wilshere of Arsenal gets away from Jordon Ibe of Bournemouth during the Premier League match at the Vitality Stadium.

It is not known exactly how much it would cost to sign the 25-year-old, but taking into account he will be a free agent in six months time suggests it would be significantly less than in normal circumstances.

Plus, the North East outfit have the budget to match Wilshere’s current earnings, so would it be worth submitting a £10m bid and seeing if the North Londoners accept?