Jose Mourinho ready to take a loss and offload Luke Shaw, Newcastle interested in loan deal

Manchester United are said to be open to allowing Luke Shaw to leave the club on a permanent basis and are even ready to take a hit in terms of the transfer fee.

The Red Devils defender has fallen out of favour under Jose Mourinho and is not part of the Portuguese coach's first-team plans for the current campaign. He has made just two appearances this season, with both coming off the bench in the Carabao Cup – amounting to a total of just 47 minutes of first-team football so far this season.

The defender has been plagued by injury in the last two seasons, with it all starting with a horrific leg break in the Champions League at the start of the 2015/16 campaign. He has struggled to get back to his best since that incident and has been plagued by other injuries in the last two seasons.

Mourinho has never been confident in the defender's abilities as he publicly questioned his understanding of the game in the second-half of last season. Even after his comeback from injury in this campaign, the manager indicated that he still has a lot of work to do to become a first-team regular.

Shaw is behind Ashley Young for a place at left wing-back, with even Matteo Darmian and Daley Blind ahead of him in the pecking order.

According to the Daily Mail, Mourinho is ready to sanction his sale in the upcoming January transfer window and is even willing to take a loss of around £11.5m ($15.5m).

The report claims that United have fixed a £20m price on the defender, £11.5m less than the £31.5m they paid Southampton back in 2014 to acquire his services. Shaw became the most expensive teenager, but one that failed to fulfil his potential.

Newcastle United have shown an interest in signing the left-back, but are likely to be put off by the Red Devils' valuation. Rafael Benitez's side are keen on a loan move and could yet return with the same offer if other interested suitors fail to complete a permanent deal in the New Year.