Hendrick, who is out of favour on Tyneside, spent last term on loan at Reading but could not help them avoid relegation from the Championship.
He is again looking to move on and Scottish side Aberdeen have shown concrete interest in taking him north of the border and to Pittodrie.
The Dons though are all set to lose out as Hendrick is staying in England with Sheffield Wednesday.
The Irishman is currently at the Owls as he looks to put the finishing touches to his switch to Hillsborough.
It remains to be seen what the shape of the exact deal seeing Hendrick move to Sheffield Wednesday is.
He will though be looking to make sure that he is playing on a regular basis in the Championship.
The Owls are bottom of the Championship table and without a point to their name after four games played.