Newcastle have rejected a £120m (€140m) bid from Liverpool for striker Alexander Isak, according to reports.

The 25-year-old Sweden striker has been training at his old club Real Sociedad this week amid reports he has asked Newcastle executives to explore a move away from the club.

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He has been heavily linked with Liverpool, who are now reported to have made a bid for the player which Newcastle have knocked back.

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On Thursday his old club Real Sociedad confirmed he was training at their Zubieta facility, away from the current Real squad and with his own trainers.

The Athletic reported on Friday that Newcastle had suggested Isak agree a new deal containing a get-out clause for next summer, but that the player wants to move now.

World players’ union FIFPRO believes the ruling means any compensation owed to a player’s former club in the case of the player terminating the contract without just cause would not be based on any transfer value or on transfer fees paid, but instead on the residual value of their contract.

Jean-Louis Dupont, the lawyer who led Diarra’s case, believes the ruling also removes the threat of a ban for players who terminate their deals, but said FIFA was "still resisting" on that point.


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