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The dream may be dead: £150m Liverpool mega transfer may not happen at all

A new report from the Telegraph has extensively rubbished the rumours that Liverpool could still agree a mind-boggling deal to sign Alexander Isak in what seems like a return to reason.

As it stands, Liverpool have already agreed to spend a massive sum to sign Frimpong, Wirtz and Kerkez and while more spending seems inevitable, at what scale?

While a conversation I had with football finance expert Mo Chatra on Twitter last week suggests that – at least on paper – Liverpool can afford to sign Isak in addition to their signings already made and reported plans to sign a new centre-back and a top striker, it doesn’t seem like reality.

@MoChatra – I need your opinon

Do Liverpool have enough money to afford Alexander Isak assuming the following is at all accurate based on reports floating around?

1. Jeremie Frimpong (£80k/week wage) – £29.6m fee

2. Florian Wirtz (£355k/week) – £116m

3. Milos Kerkez (£80k/week)…

— Michael (@MikeMongie) June 13, 2025

And that’s what the Telegraph’s Luke Edwards has eloquently suggested today.

Liverpool signing Isak remains unlikely and would require investment to PSG’s £200m deal to sign Neymar in 2017

The Brazilian shook the football world when he traded Barcelona for Paris in a deal that cost PSG a reported €222m (£200m at the time) and caused a number of domino effects in the market for several years.

Isak to Liverpool would have to be a similarly revolutionary move to become reality.

Simply put, Newcastle United will not sell Isak for anything short of a bid “well in excess” of £150m. Not £150m – significantly more. Luke Edwards stressed this point emphatically.

He writes: “According to multiple sources at Newcastle, there has been no contact with Liverpool. There have been no formal or even informal discussions. There has not been an inquiry.”

The article states that claims like “a stunning world-record bid” is coming or “his agent is already thrashing out personal terms” are rubbish and simply part of the annual transfer silly season.

Liverpool could still “free up the funds to test Newcastle’s resolve with an actual bid” but “Newcastle’s resolve will not easily be broken.”

The verdict: FSG would need to shatter their Moneyball approach entirely to fascilitate a move to sign Isak

The deal to sign Florian Wirtz doesn’t feel like reality as it is so it doesn’t come as much of a surprise to hear that there is very little truth to the recent outpouring of reports about a deal to sign Isak.

It’s the dream signing and that’s what we’ve heard the last two months but given the financial outlay Liverpool have already committed themselves to and the plans they have to sign a new centre-back, it seems borderline impossible to include Isak without FSG completely changing tack with their approach at the club.

Selling Darwin Nunez and Luis Diaz would generate tidy income but Nunez remains a loss as there is no chance of fetching the £85m paid to sign him from Benfica.

All in all, Isak is not a player to get attached to.

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