Woodman says Newcastle "are well-equipped in the goalkeeper department" and Alan Pardew won't be looking at bringing in a new face.
Andy Woodman: "Tim was brilliant last year.
"Again, I thought we worked well together, Tim and I.
"I kind of strike up friendships with these guys. I think it is important.
"That is maybe slightly different to other coaches. Tim has bought into me and I have bought into Tim.
"He will come back next year and his shoulder will be fine. We will have two very good goalkeepers at Newcastle [including Rob Elliot], not counting the ones coming through.
"He [Krul] has been fantastic, particularly in two of the games in Europe and the league. He has been brilliant.
"He had a stop-start season and you cannot really say they were niggly injuries. They were big injuries, particular the elbow injury. He played through that.
"We are well-equipped in the goalkeeper department.
"We have a nice group. I am really chuffed at how the goalkeeping department has shaped up.
"It is nice as well the manager and the chairman have backed my judgement, in particular in bringing in Robbie."
Source: Newcastle United Mad