Rafael Benitez: 'Newcastle United are working on transfers'

In addition to having regular conversations with managing director Lee Charnley, Benitez has also spoken to club owner Mike Ashley with regards to a transfer fund for January.

Asked if there was a chance of history repeating itself, Benitez said: "I hope not, because we're working on a list of players and we have some names".

With 11 days gone, Benitez's confidence is ebbing away.

"And we're not planning to sell anyone who we consider can make a difference to the team".

Benitez, keen to add Premier League experience to his squad, has been looking at the loan market.

However, while Benitez may be prepared to do business with some of his fringe players - Jack Colback is perhaps the most high-profile - he has no intention of cashing in on men he believes can aid the club's cause.

A number of fringe players could leave the club this month.

However, while claiming that he is not close to completing any deals, the Spaniard has suggested that fresh faces will arrive at St James' Park in the near future. United could instead subsidise a loan.

Newcastle have been linked with Musonda themselves in The Sun this week, with Benitez reportedly chasing the winger on loan.

Relegation rivals West Ham have an interest in Jonjo Shelvey, but the Magpies boss has ruled out letting any player go who has a part to play on the pitch.

'We can not sell players that are playing because we would have to replace them for better players and, in January, we would need a lot of money to convince players to come here, that is nearly impossible in January, ' said Benitez.

Benitez said: "I have heard people talking about our players, but we do not have any offers".

A win at home to bottom side Swansea today could lift them into the top half of the table but Benitez knows appearances can be deceptive.

And the 57-year-old gave the billionaire his ideas for the window.

Vanessa Coleman