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Jesse Lingard's loan move to Newcastle looked dead in the water on Wednesday night over Manchester United's demands for a £12million survival bonus.
After a day of deadlock and rapidly deteriorating relations between United and the Lingard camp, Newcastle have all but given up hope of reviving the deal.
It is understood the club's new Saudi Arabian owners baulked at the bonus - payable if they stay in the Premier League - in addition to a £2.5m loan fee and the player's £100,000-a-week wages.
Jesse Lingard is furious with Manchester United after they denied his loan move to Newcastle
He's keen to leave on loan by the end of the transfer window but United's demands are too high
Newcastle are Lingard's preferred destination despite approaches from West Ham and Spurs
The potential cost of loaning Lingard for the final four months of his United contract would be £16.5m, the equivalent of £1m-a-week, making it one of the most expensive loan deals in history.
United believe that is a fair price for an experienced England international and say the bonus is reasonable considering the financial impact
