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Alexander Isak is Liverpool's top transfer target.
According to the Daily Mail, Liverpool will proceed with a deal if they sense a move could be possible.
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Isak, formerly of Real Sociedad, is content at Newcastle, despite contract negotiations hitting a snag earlier this year before the exit of director of football Paul Mitchell.
Currently in Austria for pre-season training with Newcastle, Isak may soon welcome a new colleague.
Eintracht Frankfurt's Hugo Ekitike, another Liverpool target, has already attracted a £70 million bid from Newcastle.
Frankfurt are reportedly holding out for a hefty £86m for the Frenchman, who Newcastle nearly secured in 2022 before he opted for Paris Saint-Germain.
Hugo Ekitike is a target for both Liverpool and Newcastle.
Newcastle are keen on pairing Ekitike with Isak, who is Liverpool's top target as they look to bring in a new striker this summer.
Arne Slot and his team have been considering various options both domestically and internationally.
Even Marcus Rashford, who is reportedly seeking a move away from United, was mentioned during one conversation at Anfield.
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