Liverpool could make a mammoth bid for Alexander Isak within hours after big developments involving both the Reds and Newcastle, who are planning for life without the Swede

Liverpool are reportedly preparing to make a formal offer for Newcastle United striker Alexander Isak, with the Reds said to have agreed a deal with Bayern Munich for the transfer of Luis Diaz.

In recent days, it has been reported in the national press that Liverpool are willing to make a British record transfer offer to sign the Sweden international. And Collymore, who played for the Reds between 1995 and 1997, believes it is only a matter of time before Isak makes the move to Anfield.

The Swedish goalscorer is the centre of a transfer storm and Eddie Howe has provided the latest on the situation as Liverpool spy a blockbuster deal.

Liverpool’s admiration of Alexander Isak is set to become concrete with a formal offer expected imminently, according to multiple reports. Following the news that Luis Diaz is closing in on a £65.5m move to Bayern Munich, the Reds are ready to go big again.

It's been a huge few days in the summer transfer window. After Liverpool continued their summer spending spree with the signing of Hugo Ekitike, Arsenal have responded with venom.

Liverpool are looking to seal a blockbuster deal for Alexander Isak this summer, but as things stand, they won't be able to offer the Swede his two preferred squad numbers