Part of supporting Newcastle United under the Mike Ashley regime is reestablishing your idea of a successful transfer window, especially as pertains to the January window. Granted, there was the window in which Moussa Sissoko, Yoan Gouffran, Matthieu Debuchy, Mapou Yanga-Mbiwa and Vurnon Anita joined the club, but that particular season in which we were struggling desperately in the league has been the exception that proves the rule. Otherwise, a successful window can pretty narrowly be defined as "a window in which star players aren't sold off for profit".
Heading into this January window, there were feelings that Moussa Sissoko was as good as gone. It made sense. Outside of the aforementioned January other Mike Ashley January windows saw the departure of Andy Carroll and Yohan Cabaye (not to mention the departure of Demba Ba to Chelsea in the January 2013 window) and Sissoko is far and away the most marketable asset that the club currently have. In line with that thought process, as soon as the window opened the Sissoko to PSG links sprang up like wildfire. There were even reports that discussions regarding the move were at a "very advanced" stage. In the days since, however, Newcastle United been credited with a "hands off" declaration amid reports that negotiations regarding an improved contract have been opened with the midfielder. As it stands right now, at least, it feels like there has been at least a good bucket of water put on that potential move... but we mustn't forget that Andy Carroll's departure was categorically ruled out until 11:59:59* on transfer deadline day.
*time probably exaggerated because hyperbole
Also hitting the rumor circuit has been the biannual "Tim Krul to _____" rumor with Manchester United the first up in a rumor that will be connected to multiple clubs every time around. While rumors persist around David de Gea and a potential move to Real Madrid, he is currently still a Man U player (and one with which the club is exhibiting increased urgency to agree an improved contract). In addition, the recent arrival of three-time Champions League winner Victor Valdes from Barcelona seems to further distance Krul from the #1 spot at Old Trafford. While contract talks with de Gea are complicated by need to keep money free for a potential permanent deal for Radamel Falcao, as things stand right now, there is no way that Krul would unseat de Gea and it is unlikely that if Valdes can prove he is recovered from a knee injury that the Dutchman would trump him either - especially coming off of injury himself. While there are scenarios that exist that may complicate this particular situation, it is going to take something earth shattering (namely a mega offer from Real Madrid) to even get this train on the tracks.
On the in side of things, Newcastle have been linked with a loan move for one-time transfer target M'baye Niang - a forward that it would seem would fill the roster spot soon to be vacated by Facundo Ferreyra. 20 year-old Niang has failed to establish himself at AC Milan, the club he chose over Newcastle United and others in 2012, having scored 0 goals in 30 appearances with the Rossoneri. It has been reported that Lee Charnley has had one offer rejected by the Italian side. Although young, his versatility as a striker who can play on the wing might make him a useful piece to a couple of the names under consideration for the head coach role, especially Remi Garde . . . if only you could make inferences from potential targets on one side to know what's happening on the other.