Premier League champions Liverpool have reportedly reached an agreement with Newcastle United to sign striker Alexander Isak in a British record transfer deal. The highly sought-after Swedish international is set to join the Reds for a fee of approximately £130 million ($176 million), according to widespread reports from major outlets like The Athletic and The Telegraph.
The 25-year-old forward is expected to undergo a medical on Monday before finalizing a six-year contract with the Merseyside club. This transfer fee would shatter the previous Premier League record, which was set in 2023 when Chelsea paid £106 million for Enzo Fernandez.
Isak’s Impact and Liverpool’s Summer Spending Spree
Alexander Isak was a standout player for Newcastle last season, scoring 23 goals in the Premier League, a tally only surpassed by Liverpool’s own Mohamed Salah. His impressive performance was instrumental in helping the Magpies secure a spot in the Champions League. This summer, the forward has been at the center of a tense transfer saga, reportedly training separately from his Newcastle teammates to push for a move to Liverpool after an initial £110 million bid was rejected.
Isak’s imminent arrival is the latest in a series of high-profile acquisitions for Liverpool as they embark on a lavish summer spending spree. The club has already made several key signings, including German midfielder Florian Wirtz in another massive deal. Other notable additions include French attacker Hugo Ekitike from Eintracht Frankfurt, Jeremie Frimpong from Bayer Leverkusen, and Milos Kerkez from Bournemouth.
Newcastle’s Financial Calculus and Squad Changes
The decision to sell Isak, who had a huge impact on the team, comes with a strategic financial motivation for Newcastle. Manager Eddie Howe had recently hinted that a sale might be considered to improve the club’s standing with the Premier League’s Profit and Sustainability Regulations (PSR). Newcastle, which was forced to sell Elliot Anderson and Yankuba Minteh last year to avoid a points deduction, can use the substantial return on their investment in Isak to ease any future financial concerns.
The deal was made possible after Newcastle secured the signing of German international striker Nick Woltemade on Saturday for a reported club-record fee of up to £69 million, providing them with a key replacement for their departing star forward.
Despite their busy transfer window, Liverpool’s on-field performance has been a mix of strong results without their signature relentless style from last season. However, they currently top the Premier League table with a perfect record of three wins from three games, including a crucial 1-0 victory over last year’s runners-up, Arsenal, on Sunday. Newcastle, meanwhile, finds itself in 17th place after a 0-0 draw against Leeds United.