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The Reds have already had a $148 million bid for Isak turned down this summer.
With Newcastle determined not to sell the 25-year-old striker, Isak is expected to remain a Magpies player when the transfer window closes on September 1.
The report also states that Isak will not play for Newcastle until he accepts the board’s decision to keep him during this transfer window.
Multiple sources have strongly denied that any gentleman’s agreement existed for Isak to leave this summer, and the club insists they were never informed last season that Isak intended to make this his final year at Tyneside.
There is also frustration over Liverpool’s approach, with confusion surrounding their bid last week, which fell far short of Newcastle’s $202 million valuation.
Alexander Isak continues to be linked with a move to Liverpool.
However, it has been widely reported that the Reds won't submit another bid without the Magpies opening the door.
If the Reds are willing to wait to secure Isak, the club could secure the 25-year-old for a lower price in the future if a release clause is negotiated.
Newcastle, meanwhile, now faces the challenge of managing a disgruntled player and will be without its top goalscorer at the start of the Premier League season
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