By Harry Sykes

Newcastle are set to sanction a deal for striker Ivan Toney to go out on loan again in the January transfer window, according to a report.

Football site HITC claim the 20-year-old forward is poised to secure a second loan of the season when his current five-month deal at Shrewsbury ends at the start of next month.

It is said that Newcastle want Toney to get regular first-team football and believe he would be best served by another spell at a lower league club.

The Championship high flyers have received approaches from Bolton, Bradford and Fleetwood to take Toney on loan for the second half of the campaign.

The centre-forward, who is contracted to Newcastle until 2020, is well down the pecking order at his parent club, where Dwight Gayle and Aleksandar Mitrovic are competing for the spearhead role.

Toney has been a mainstay of struggling Shrewsbury this season in League One, scoring six goals and supplying six assists in 24 matches.

He had two loan spells at Barnsley in League One either side of an ankle injury that sidelined him for three months and led to a recall to St James’ Park.

Toney joined Newcastle from Northampton in the summer of 2015 after scoring 13 goals in 60 matches for the club. He has made four appearances for the Magpies first team.

In other Newcastle transfer news, the Magpies were the only transfer competition for a brilliant summer signing by Liverpool.