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Newcastle United is concerned that Liverpool might employ the same patient strategy it used to secure Virgil van Dijk, in its pursuit of Alexander Isak.
The reigning Premier League champions have hinted at a willingness to bide their time over the Swedish international, following a rejected $146 million (£110 million) bid from the Toon.
Isak has his heart set on a Merseyside move and has been training at his former club Real Sociedad while his team-mates tour Asia pre-season, due to a minor thigh injury.
In the summer of 2017, Liverpool withdrew its interest in the Dutchman after Southampton reported to the Premier League over the Reds' conduct during negotiations.
If Newcastle's Saudi owners feel cornered, it could potentially backfire on both Liverpool and Isak.
However, manager Howe is eager to capitalize on the positivity surrounding the end of Newcastle's 70-year wait for silverware last term and Champions League qualification.
He has been cautious not to rule out his star player's potential return.
Alexander Isak is interested in a Liverpool move
I think that is all I have got to say."
The Magpies are optimistic they have moved ahead of Manchester United in the pursuit of RB Leipzig's Slovenian forward Benjamin Sesko following a $93M (£70m) offer, including bonuses.
Should they succeed in that endeavour, it would boost Liverpool's hopes of securing Isak during this transfer window, despite having already invested nearly $300 million in strengthening Arne Slot's championship-winning squad.
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