Overview

• Liverpool has decided against submitting a second bid for Aleksander Isak after its initial offer of around £120 million ($145 million) was rejected.
• Newcastle United maintains a valuation near £197 million and insists on signing a replacement before approving Isak’s departure.
• The Magpies have entered late-stage talks to acquire VfB Stuttgart forward Nick Woltemade with Manchester United also in contention.
• Aleksander Isak has informed Newcastle of his desire to join Liverpool once the club greenlights his exit.
• Liverpool’s bid was underpinned by $83 million from the sale of Luis Díaz to Bayern Munich but the club is standing down for now.