Newcastle United striker and Liverpool transfer target Alexander Isak has rejected a stunning contract offer worth £600,000-a-week. Isak informed Newcastle last week that he wants to explore his options this summer despite having three more years on his current contract.

Isak, who has emerged as a priority target, has made clear his intention to remain at the top level of European football. Despite interest from Saudi Arabian clubs and a lucrative proposal worth a reported £600,000 per week, the Swedish international has set his sights on a switch to Merseyside.

Newcastle's latest pre-season defeat at least brought some positives. There was no Isak again but Elanga is off the mark

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Liverpool’s transfer radar has zoomed in on Alexander Isak following dramatic developments at Newcastle United. The Swedish striker, valued by many at around £130 million, has reportedly made his intentions clear to leave the Magpies, igniting speculation about a record-breaking offer from the Reds.

Then there are Isak’s wages. His exact demands are unknown but given his status as one of the world’s leading players a range of £250,000 to £300,000 a week is far from unreasonable. At that level, the hit to a club would be £15m-£18m annually.

Liverpool are reportedly preparing to make a formal offer for Newcastle United striker Alexander Isak, with the Reds said to have agreed a deal with Bayern Munich for the transfer of Luis Diaz.

Alexander Isak has 'rejected' an extraordinarily lucrative contract to leave Newcastle this summer as Liverpool prepare a British club-record offer for the striker.