The box-to-box midfielder has slotted straight into Steve Bruce’s starting XI, a run that was kickstarted with a debut goal in the 3-2 win over Southampton.
In his six games so far, the 21-year-old has established himself as a strong performer and a key part of United’s Premier League survival bid.
So, how would Willock feel about another season on Tyneside?
“I love playing for Newcastle,” Willock told the club’s official Zoom Army feature.
“When I first came here I was a bit apprehensive about how I would take it because I’ve never left Arsenal.
“I’ve been at Arsenal since I was four and a half so coming to a new club, coming up north to Newcastle was a bit scary.
“But as I came here and I settled in and saw the love from the fans that I’ve been receiving and everyone is like a family here.
“Of course I’d love to continue playing here and I love Newcastle at this moment in time.”
Indeed, the idea of extending his stay at St James’s Park into the 2021/22 campaign was floated around the Daily Telegraph.
However, should the prospect of relegation to the Championship become a reality, it’d be hard to envisage the Gunners sanctioning such deal.
Meanwhile, as per The Athletic, Newcastle considered approaching Chris Wilder to succeed Rafa Benitez in 2019 before opting for Steve Bruce.
The 53-year-old had been promoted to the Premier League with Sheffield United in the same summer before guiding his boyhood club to a ninth-place finish.
Unfortunately, with the Blades rock bottom of the league and relegation all-but confirmed, Wilder left Bramall Lane by mutual consent on Saturday evening after five years in charge.
Here are the latest transfer headlines from Newcastle and their Premier League rivals - with the Magpies linked with a Gabonese striker:
5. Bryan poised to leave Blades
Sheffield United defender Kean Bryan is poised to leave Bramall Lane at the end of his contract this summer, three years after joining on a free transfer from Manchester City. (The Sun via HITC) Photo: Pool
6. Leeds maintain N’Koulou interest
Leeds United remain interested in Torino defender Nicolas N’Koulou ahead of his contract expiring this summer but could face competition from La Liga side Real Betis. Marcelo Bielsa worked with the 30-year-old at Marseille. (Torino Granata) Photo: Alessandro Sabattini
7. Allegri approach would make 'huge statement'
Former England goalkeeper Paul Robinson says it’d be a “huge statement” from Leeds to appoint former Juventus boss Massimiliano Allegri, however he fully expects Marcelo Bielsa to stay at Elland Road for the foreseeable future. (MOT Leeds News) Photo: FILIPPO MONTEFORTE
8. Willock open to extended loan
Joe Willock is open to extending his Newcastle United loan from Arsenal into next season. He said: “Of course I’d love to continue playing here and I love Newcastle at this moment in time.” (NUFCTV) Photo: Stu Forster