Newcastle have rejected a formal offer from Liverpool for wantaway star striker Alexander Isak, according to a report.
The Reds had previously made an informal approach for the 25-year-old, who did not join his Magpies team-mates on their tour of Asia and has been training at his former club, Real Sociedad.
Mail Sport understands that the offer 'falls some way short' of Newcastle's £150million valuation.
Liverpool expressed an interest to do a deal in the region of £120m and according to The Athletic, the Premier League champions have now seen an official bid turned down.
The outlet claim that Newcastle have tried to persuade the Swede to sign a new contract that would have included a release clause for next summer and encouraged him to stay 'through senior team-mates'.
However, this has proved unsuccessful in changing Isak's desire to leave St James' Park.
Newcastle have rejected a formal offer from Liverpool for wantaway star striker Alexander Isak
Newcastle fans have reacted angrily to revelation that Isak had flown to San Sebastian to use the training facilities at his former club, while his current team-mates continue preparations for the new term in the Far East.
His latest move raises the possibility of a club fine, if they determine he has left Tyneside without their knowledge. So far, Mail Sport has been told of nothing to suggest Newcastle were aware of Isak's intentions.
His hopes of the move progressing have been hit by Newcastle's frustration in finding a replacement.
RB Leipzig's Benjamin Sesko was their top target but Manchester United have now made a move for the Slovenian. A deal is still active for Brentford's Yoane Wissa, while Aston Villa's Ollie Watkins and Jorgen Strand Larsen of Wolves are also on the shortlist.
Newcastle will not sell Isak if they believe the move is not right for the club, but events of the past seven days have made any potential reintegration extremely difficult.