The United stance with Lingard is so weird. There exists a player who you never use and even with all of Martial, van de Beek and Greenwood out of the equation is still unlikely to get much game time. New manager has come in, he doesn't seem to fancy him any more than his predecessor did. This is your very last chance to get something, anything for him before his deal runs out, he 100% won't sign another one as he's already annoyed that he was given promises in the summer that didn't pan out, you can also get him off the wage bill at £75k a week as reported. The club in for him is not a competitor in any respect and they probably would pay over the odds in terms of loan fee due to their predicament. He seems happy enough to go there. Who knows, he might even help you out when he's playing for Newcastle against your rivals.
No, turn it down, he'll just leave for free in a few months. Woodward may have departed but the bizarre way the club is run continues.