An update has emerged regarding Newcastle United and their struggles in the January window...

What's the talk?

Telegraph journalist Luke Edwards has revealed that PIF are failing in the transfer market due to their reluctance to pay the right price.

The reporter tweeted: "Nobody thought two players would be enough in Jan 1st, with no new centre backs or midfielders among them. It’s ok to ask what’s happening and the pressure is on this week. Actually, it’s not just ok, it’s the right thing to do with seven days left."

He then added: "You have to make bids that are too good to turn down in January, not haggle and try to get a bargain. So far they have done too much of the latter according to my sources."

Seething

Newcastle fans will surely be seething with this error from PIF, as Eddie Howe's team is in desperate need of reinforcements ahead of the final few months of the campaign.

The Magpies are in a terrible position in the Premier League and the current group of players have shown that they are not good enough to compete at the higher end of the table. They are currently 18th in the division and have only won two games all season, with both coming against teams in the bottom five.

Only Norwich have conceded more goals, having played a game more, and only Burnley have won fewer matches, with the Clarets having three games in hand over the Toon. This suggests that they could be bottom of two key performance-related statistics if they concede two or more goals in their next game and Sean Dyche's side are able to pick up another win in their three matches.

Therefore, Howe's squad needs to be strengthened further despite the additions of Kieran Trippier and Chris Wood if they want to improve their chances of avoiding the drop. A year, or maybe more, of playing Championship football may not be what PIF imagined when they completed their takeover of the club, but they could be heading for that unless they change their tact in the next week, which is why fans will be frustrated as it stands.

PIF now need to start paying the fees required to land their targets or else they could end up with a lack of signings, or potentially panicking and bringing in the wrong ones close to deadline day. Time is running out and Newcastle supporters must be seething with the lack of progress behind the scenes.

AND in other news, Luke Edwards "told" frustrating Newcastle transfer update, Howe surely livid...