Newcastle have all but given up hope of reviving Lingard loan

Jesse Lingard's loan move to Newcastle looks dead in the water 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.

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 of relegation from the top flight.

Club sources also argue Lingard could have made a permanent move this month, but wants to leave Old Trafford on a more lucrative free transfer at the end of the season.

The 29-year-old, on the other hand, is angry and frustrated over the club's stance after United had already rejected loan offers from Tottenham and West Ham because they are seen as top-four rivals. Leicester, Everton and Burnley have also expressed an interest.

Lingard believes he is being punished for refusing to sign a new contract at Old Trafford, or agree a permanent transfer that would guarantee United a fee. He also feels let down that he has made just two starts this season after being promised opportunities by former manager Ole Gunnar Solskjaer in the summer.

Interim boss Ralf Rangnick spoke to Lingard, who is currently in Dubai, by telephone on Tuesday and gave him the green light to leave, the German telling him