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In what has already been a big summer for Liverpool, the intrigue surrounding Alexander Isak has just ramped up a notch.

Last week, the Reds made an approach for Isak, who scored 23 Premier League goals last season.

In March, Newcastle CEO Darren Eales insisted that his side would be "crazy" to sell Isak when speculation began to ramp up.

But it cannot splash the cash however it likes, as other state-owned clubs have in the past, because of the Premier League rules that stop limitless spending.

In selling Isak for something like double the $87 million (£64 million) that it signed Isak for, Newcastle would unlock some more of the spending power that its owner has — not through sheer financial might, but because of the PSR regulations.

If Newcastle was to sell Isak, it would need to find a replacement for its biggest threat from last season, and that, clearly, would be very tough.

While there would have to be an acceptance that it was one step back to take two steps forward, Isak leaving Newcastle could give Howe a long-term boost
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