Newcastle United transfer news RECAP: Ademola Lookman loan deal ruled OUT as Magpies reportedly eye Portugal double deal

Newcastle United are still looking for a major breakthrough in the January window but today could have a big impact on their transfer plans.
NEWCASTLE UPON TYNE, ENGLAND - JANUARY 14: Owner Mike Ashley watches on during the FA Cup Third Round Replay match between Newcastle United and Rochdale at St. James Park on January 14, 2020 in Newcastle upon Tyne, England. (Photo by Ian MacNicol/Getty Images)NEWCASTLE UPON TYNE, ENGLAND - JANUARY 14: Owner Mike Ashley watches on during the FA Cup Third Round Replay match between Newcastle United and Rochdale at St. James Park on January 14, 2020 in Newcastle upon Tyne, England. (Photo by Ian MacNicol/Getty Images)
NEWCASTLE UPON TYNE, ENGLAND - JANUARY 14: Owner Mike Ashley watches on during the FA Cup Third Round Replay match between Newcastle United and Rochdale at St. James Park on January 14, 2020 in Newcastle upon Tyne, England. (Photo by Ian MacNicol/Getty Images)

Mike Ashley is on Tyneside this week as Steve Bruce prepares for a transfer summit with the owner. Could today be the day he thrashes out a January transfer plan?

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