Newcastle United have rejected a formal offer from Liverpool for striker Alexander Isak, it has emerged. Liverpool made an informal approach to Newcastle last month to express an interest in signing Isak for around £120 million ($158.6 million), but the Magpies wasted little time in shooting down the proposal.

In a developing transfer saga, Newcastle United have rejected an official bid from Liverpool for Swedish striker Alexander Isak, according to David Ornstein of The Athletic.Ornstein also reports that

Liverpool could bypass Newcastle completely in transfer talks with Alexander Isak, but they may be forced to wait to get a deal over the line. The Reds saw a first formal bid rejected by the Magpies, who are seeking as much as £150million for their talisman, who asked to leave to secure a bumper contract at Anfield.