Newcastle boss Joe Kinnear could target John Arne Riise and Denilson in the January transfer window.
The 61-year-old will send his team out at Chelsea on Saturday uncertain how long he will remain in charge at St James' Park with the club's ownership still up for grabs.
But Kinnear revealed: "I have already got my shortlist ready and I will be giving it to Mike (Ashley). We need two players in as soon as possible, and I have them in mind."
He added: "One is with Roma and he is not in the team at the moment. The other is a player who has already scored against us this season.
"I know their agents and what they would be is loan deals from January until the end of the season. I already know the player in Rome would cost us £2million to bring over here."
Kinnear has made no secret of his belief that the current squad needs significant strengthening if relegation from the Barclays Premier League is to be avoided, and if the club remains in his hands, owner Ashley faces a big decision over any further investment.
The interim boss did not identify his targets by name, but has hinted at making loan moves for Riise and Denilson.
"We need to strengthen the team and the squad, and if we can get them, they would be a big boost because both are top-class players," he added.
Norway international Riise, 28, joined Roma in a £4million switch from Liverpool during the summer and despite starting eight league games this season, is not an automatic selection.
Twenty-year-old Brazilian Denilson is one of Arsene Wenger's emerging talents, but has figured in 18 of the Gunners' 21 games to date this season.
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