It was all set to happen around the time Newcastle brought in Callum Wilson and Ryan Fraser, but it was called of at the last moment.
Newcastle had arranged a season long loan deal for 25-year-old Arsenal defender Holding, who could play at right-back or center-back.
And with him coming in Bruce must have thought it was OK to let Florian Lejeune move to Alaves in Spain, to get some first team game time this season and finally recover from his two ACL knee injuries.
But then Arsenal manager suddenly had a change of mind, and told Bruce that Holding was no longer available, and he would be staying at the Gunners for the season.
We are sure Bruce still wants to bring in a defender who can play in central defense or on the right-hand side of the defense.
We now have Jamal Lewis on the left and another right back would have been good – a versatile defender.
Bruce cannot get Holding, who has looked very good at right-back for Arsenal in the opening league games: he would have been a good loan signing for us.
Can Bruce get Calum Chambers in on loan?
DeAndre Yedlin now reportedly wants to stay at Newcastle this season and see out his five-year contract with us.
We will have three right backs in the squad – Javier Manquillo, Emil Krafth and Yedlin, and Bruce may have given up on bringing in another defender.
But a similar player to Holding is available at Arsenal – 25-year-old former Southampton defender Calum Chambers, who Rafa fancied signing when he was at the club.
He is said to be available for £12M, but we doubt Newcastle have that kind of money available, and if we did, we should probably use it to sign another striker.
Calum can play in central defense or at right-back, and he has played over 150 times in the Premier League for Southampton and Arsenal.
He could come in and play at right-back for us this season, but it would have to be a loan deal, and we don’t even know if Bruce is trying to get the lad in on loan.
If we do have some money left we probably need another striker up front, whether that’s a permanent signing or on loan for the season with an option to buy next summer.
We have to do that by next Monday when the transfer window closes.
Of course Bruce also needs to move out some surplus players like Rolando Aarons, Henri Saivet, and Achraf Lazaar.
We also expect 23 year-old midfielder Daniel Barlaser to be sent on loan again to Rotherham for the season, where he did very well last term.