This forms part of The Transfer Tavern's Loan Watch series, where we analyse how a player from one club is doing on loan.

The Lowdown: Hendrick's January move

Newcastle decided to send Jeff Hendrick out on loan to Queens Park Rangers in the January transfer window after playing a mere 70 minutes for them in the Premier League this season.

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In the Championship, the Republic of Ireland international has had plenty more minutes, missing just two games for the R's so far.

The Latest: QPR struggles for Hendrick

Hendrick played 68 minutes for QPR in their 1-0 loss at Sheffield United in the Championship on Tuesday night before he was hauled off by manager Mark Warburton.

Unfortunately for him, he struggled to make any real impact in the match, failing to record a single shot on target, dribble or cross. Defensively, he lost out on four of his six duels in total, while he also made no clearances, interceptions or tackles and was guilty of giving the ball away four times (SofaScore).

The Verdict: Will be sold

Given Hendrick's latest display, coupled with the arrival of Bruno Guimaraes at St James' Park from Lyon in January, it now seems likely that the Irishman will be sold by the Kingdom of Saudi Arabia's (KSA) Public Investment Fund (PIF) in the summer.

Last night's display wasn't an aberration, either - as per WhoScored performance metrics, he ranks a lowly 19th among 26 players to have featured for QPR this season, which suggests that he has been largely unconvincing since his move to west London.

It may be the best time to cash in on the 30-year-old, whose market value only looks to be depreciating from here on in, as the Magpies already have plenty of options in his position.

Performances like the one he had for the Hoops at Bramall Lane last night will only make PIF's mind up sooner, as he ultimately failed to send a positive message out to the new owners at Newcastle.

In other news, find out which 'Rolex player' NUFC are now considering signing