As Newcastle seem destined for another bottom half league finish, club officials are preparing a new and improved contract to keep hold of Rafa Benitez amid Chinese Super League interest.
With Benitez's current contract winding down, the Magpies are undoubtedly keen to tie the Spanish manager down to a long term contract.
According to reports in the Mirror, Newcastle are willing to offer Benitez a new £15m, three-year deal, that would give him the opportunity to continue developing his squad.
In order to keep hold of Benitez however, there is reportedly the need to give the manager a war chest ahead of the summer transfer window.