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Arsenal and Barcelona have also been associated with the Swedish international as a potential summer transfer target.

Isak has netted 24 goals across all competitions for Newcastle this season, including two against Liverpool - one of which secured victory in last month's Carabao Cup final.

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This impressive form has sparked speculation about a high-profile move for the striker when the summer transfer window swings open, with Newcastle allegedly setting an asking price around the $193 million (£150M) mark.

Yet, Chronicle Live suggests that Liverpool may no longer have to contend with Arsenal in the race for Isak's signature.

The report indicates that the Gunners are not pursuing a deal for the Newcastle frontman, instead shifting their focus towards Sporting CP forward Viktor Gyokeres.

The report doesn't mention Liverpool, so it's still unclear whether the Reds will table a formal offer this summer, despite other sources claiming Arne Slot's side are keen on Isak.

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However, it's been reported that Newcastle has no intention of letting Isak depart St James' Park this summer, despite interest from several clubs

They're keen to begin discussions with the striker about extending his contract.

Rumors have been swirling that Liverpool is in the market for a new striker this summer, as the current Premier League frontrunners aim to bolster their attack for the upcoming season.

In addition to Isak, Hugo Ekitike of Eintracht Frankfurt and Julian Alvarez of Atletico Madrid are two other forwards who've been circulating in the Reds' rumor mill recently.

Slot opted for Diogo Jota in the center-forward position in the victory over Everton earlier this week
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