Speculation has been non-stop but the Magpies have endured a quiet start to the window.
The only real piece of business so far is Florian Lejeune’s permanent move to La Liga side Alaves.
Incomings, however, are seemingly proving a struggle with question marks still remaining over Steve Bruce’s budget.
But that hasn’t prevented the bookmakers from taking bets on potential new arrivals at St James’s Park.
Here are the NINE deals they are tipping Bruce & co to target before the window slams shut on August 31:
5. Ross Barkley - 9/1
Barkley is likely to leave Chelsea on loan again this summer having spent last season at Aston Villa. A lot of clubs will no doubt be chasing the 27-year-old’s signature. Photo: SHAUN BOTTERILL
6. Conor Gallagher - 8/1
Impressed on loan at West Brom last season despite their relegation. Although he wants to fight for his place at Chelsea, it’s likely he’ll spend another campaign away from Stamford Bridge. Photo: Pool
7. Ozan Kabak - 8/1
Newcastle almost signed the Turkish international in January before Liverpool swooped in. Now back at Schalke, his price tag is reportedly pricing United out of a deal. Photo: PAUL ELLIS
8. Alex Oxlade-Chamberlain - 3/1
For some bizarre reason, Newcastle have been among the favourites to sign the Liverpool midfielder all summer, despite not actually being linked with him in the media. Photo: Pool