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Liverpool have had an offer for Alexander Isak rejected(Image: Getty Images)

Liverpool are willing to walk away from Alexander Isak after Newcastle rejected an offer worth £120million including add-ons for the striker.

Isak wants to leave Newcastle this summer and has not joined the club's pre-season tour of South Korea.

Newcastle do not want to lose the Sweden international, who scored 23 Premier League goals last season, and do not have another recognised senior striker following the departure of Callum Wilson after his contract expired.

And according to a new report from BBC Sport, Liverpool do not believe that a deal for Isak is 'achievable' with Newcastle valuing the 25-year-old at £150m.

That could mean their ambitious plans are shelved, unless his current club are willing to compromise.

The Magpies are said to be steadfast in their insistence that Isak will not be sold below their valuation - and even if that is met, they will not sanction a deal unless a replacement has been officially secured.

Liverpool have already spent more than £250m this summer on the likes of Florian Wirtz, Hugo Ekitike, Milos Kerkez and Jeremie Frimpong.

READ MORE:Transfer news LIVE: Isak bid REJECTED, Sesko to make Man Utd decision, Chelsea's Simons headacheREAD MORE:Newcastle receive 10-word Alexander Isak warning to leave Liverpool response non-negotiable

When asked about Isak's future earlier this week, Newcastle manager Eddie Howe said: "He is still our player.

Fingers crossed we can get deals done."

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