Among the stars linked have been some of Europe’s most familiar names, several England internationals and a good few up and coming talents.
The new owners are expected to go on a spending spree when the market reopens and although it’s unlikely the will look to overhaul the current squad from 1-to-11, there are certainly going to be a good few changes.
Here is how a Newcastle United starting XI of only players they have been linked with moves for could look:
1. GK - Altay Bayindir
Fenerbahce's Turkish international has been linked to Newcastle by reports in Turkey. The 23-year old is one of Europe's brightest young stoppers and has been first choice at the Turkish club since 2019
Photo: Alex Grimm
2. RB - Joakim Maehle
The 24-year old wing back is a recent name to enter the Newcastle rumour mill. The versatile Dane has established himself as important player for both Serie A club Atalanta and his national side, scoring six goals in 20 caps
Photo: Emilio Andreoli
3. CB - James Tarkowski
Burnley's England international is out of contract in the summer and reports say the 28-year old has a gentleman’s agreement that they will not stand in his way if a bid is made in January
Photo: Nathan Stirk
4. CB - Kalidou Koulibaly
Football Insider first reported that Koulibaly could be Newcastle's marquee January signing. Napoli previously put a £80mil plus price tag on the 30-year old Senegal international but it is believed that valuation may have dropped considerably
Photo: Francesco Pecoraro