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According to TEAMtalk, the Swedish forward is being considered as an option for the Reds and would be interested in joining the club if they were to submit an offer to sign him in the summer.
As per the report, the 25-year-old is keen to play for a club that can offer Champions League football, handing Liverpool an advantage over Newcastle should they miss out on qualifying for Europe's premier competition.
Given the demands Newcastle are making over Isak, Liverpool will have to ensure they stay within the Profitability and Sustainability Rules (PSR), as they are set to remain in place next season.
Reach PLC chief business of football writer Dave Powell has explained the club's position when it comes to PSR.
The publication last month of the annual Deloitte Football Money League had the Reds falling a place to eighth, overtaken by Arsenal.
But with that season being one without Champions League football, Liverpool’s position on that particular list will likely have them pushing for a top four spot on it this time next year.
Liverpool will likely surge back to profitability in 2024/25 and have no concerns of breaching the squad cost ratio that will replace PSR, being under the 70% that the Premier League want to see for clubs in European competition.
Liverpool can make moves, but the club operates within a structure that means that it doesn’t like to overcommit in certain areas given the financial risk that can come with fallow periods on the pitch and missing out on the Champions League, the kind of pain that Manchester United and Chelsea are currently facing."
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