Newcastle United have informed boss Rafa Benitez about the funds that will be available to him in January.

Chronicle Live reports that Benitez will have to make do with bargains and loan deals for another window.

While owner Mike Ashley had promised investment to the squad, it is not clear if Newcastle have enough finances to make that happen.

Benitez has reportedly told his scouts they must work hard to find quality players in January who are available for low fees.

Newcastle are currently bottom of the table and odds on to go down.