The move is a complete turnaround from the days of former boss Kevin Keegan who quit the club earlier in the season over the transfer policy headed by Wise.

Keegan was shocked that the club were prepared to sell top players without his consent and new signings were being imposed on him.

But now the policy appears to have gone into reverse with Kinnear drawing up a list of transfer targets for Wise to pursue.

The club's owner Mike Ashley has given Kinnear, who is employed on a rolling contract, another month in charge of the side.

Negotiations to sell Newcastle continue to rumble on but it is highly unlikely any deal will be concluded before the new year.

Kinnear is now looking to re-shape his squad in the January window although any transfers will have to be financed by the sale of United's fringe players.

"I spoke to Dennis last week," said Kinnear. "I didn't think when I first took the job that I would be here this long to be honest.

"At the time it was clear they had somebody who was going to buy the club within eight weeks, so we didn't get down to talking about finances and stuff for players.

"But now, because it seems the club won't be sold until after Christmas, I've got my eye on two or three players that we need.

"I've identified them and Dennis has been given the task of going out and getting them, provided we get the finance.

"Dennis has also been given the task of removing some of the players that I feel are not good enough for the club.

"Mike has told me to keep the money I get for selling any players and invest it back into the team. I am to work on the assumption that if there is somebody I desperately want, then it is possible he would put his hand in his pocket, providing the sale of the club is not imminent at the time."

Kinnear is beginning to work minor miracles at Newcastle and his tactics stifled the life out of Chelsea at Stamford Bridge on Saturday.

The Barclays Premier League leaders wasted a hatful of chances and a string of fine saves from Shay Given plus some resolute defending earned United a deserved point.

But whenever the time comes for Kinnear to vacate the United hot seat, he believes he has convinced other club chairmen that he is free from the health problems which forced him out of football.

Kinnear suffered a mild heart attack before Wimbledon's game with Sheffield Wednesday almost a decade ago and despite short spells with Luton and Nottingham Forest in the interim, he largely remained in the managerial wilderness until Ashley's SOS call.

"I never got interviews because of my health and that hurt me," said Kinnear. "I am fine, fit and well. I had to get back somehow to prove that I am physically okay. Mike never even mentioned it.

"I was ordered to take two years rest out of the game and then you are the forgotten man. I kept banging on doors but this job came out of the blue. I am going to do everything I possibly can to make sure it leads on to another one."

Kinnear made no apology for his side's defensive policy against Chelsea. United did not have a real shot on goal but Chelsea failed to capitalise on their dominance and the point left the United boss in a happy mood.

"I make no apology for playing for a draw," said Kinnear. "Although Chelsea had more possession than ourselves, they didn't create a clear-cut chance really. Everything was long shots and Shay Given pulled off a world-class save.

"It is probably the best team performance we've had away from home this year. Even though we drew 2-2 at Everton, I would say this is the best performance.

"We dug in there and it feels like a win in the dressing room. We drew with Wigan at home and that felt like a loss, but this feels like a victory."