Newcastle striker rejects new deal as Liverpool and Arsenal circle | OneFootball

Alexander Isak Transfer Talk Intensifies as Liverpool and Arsenal Monitor Newcastle Stalemate

Newcastle United find themselves at the heart of a growing transfer saga, as Alexander Isak’s contract stand-off sparks serious interest from Premier League rivals Arsenal and Liverpool. With the Swedish striker reportedly rejecting the club’s opening offer to extend his current deal, per Caught Offside, two of English football’s biggest hitters are now said to be on “red alert.”

Photo: IMAGO

Isak has been pivotal for Newcastle since his arrival, scoring 58 goals in 108 appearances — including a vital strike in the Carabao Cup final win over Liverpool. While the Magpies are intent on keeping him at St James’ Park, speculation is mounting that a summer move could be in play.

Contract Tension as Newcastle Push for Long-Term Commitment

Despite Isak having three years remaining on his current deal, Newcastle have moved to offer fresh terms, including a significant wage rise that would make him the highest earner at the club — surpassing Bruno Guimarães’ £160,000 per week salary. But, according to Caught Offside, Isak and his representatives have paused negotiations, rejecting the initial proposal and creating a stall in discussions.

Photo: IMAGO

Talks are understood to have “broken down,” with the player’s future now the subject of intense debate. While Newcastle remain firm in their public stance, sources suggest the growing interest from Arsenal and Liverpool could test their resolve — especially if Champions League qualification is missed.

Liverpool and Arsenal Among Interested Parties

Arsenal are preparing to make Isak their top priority this summer, while Liverpool are said to be considering a move as part of a potential overhaul in attack. The Reds are expected to part ways with Darwin Núñez and continue to face uncertainty over Mohamed Salah’s future — both situations that could heighten their interest in the Newcastle forward.

Photo: IMAGO

However, any deal will be difficult to strike. Newcastle are reportedly ready to demand a British record transfer fee, starting at £130 million and potentially rising to £150 million. While such figures would deter most clubs, Arsenal and Liverpool are known to be aggressive when pursuing elite targets who align with their long-term plans.

Howe’s Reluctance to Sell and Isak’s Commitment

Manager Eddie Howe remains publicly adamant that Isak should not be sold, telling reporters last month:

While Isak is reportedly content at Newcastle, it is understood he views regular Champions League football as a key benchmark in his career. Missing out on the top four — or top five, depending on UEFA coefficient allocation — could therefore give suitors fresh encouragement.

Still, the player has reiterated his focus is firmly on the present:

Financial Reality Meets Footballing Ambition

Despite being backed by the world’s wealthiest owners, Newcastle remain subject to the Premier League’s Profit and Sustainability Rules (PSR), and a mammoth offer for Isak would at least demand internal consideration. For all their ambition, this is a club still managing rapid growth while staying within regulatory confines.

Photo IMAGO

In that context, the coming weeks will be pivotal. Isak’s performances, Newcastle’s league finish, and continued interest from rivals could combine to shape one of the defining narratives of the summer transfer window.

Our View – EPL Index Analysis

This isn’t just about a contract — it’s about momentum, identity, and the message Newcastle United want to send. Alexander Isak is more than a top striker; he’s become a symbol of their project. Losing him now, especially to another Premier League side, would sting far more than the transfer fee could soothe.

They’ve waited years to see genuine quality in black and white. Isak delivers that every week — intelligent movement, clinical finishing, and a connection with the fans. Yes, £130m–£150m is a huge fee, but what’s the cost of losing your best talent right when you’re building something real?

If Newcastle want to be taken seriously among the elite, they have to keep their elite players. Champions League football must become the norm, not the exception — and that starts by retaining match-winners like Isak.