Isak is considered one of the brightest prospects in European football and the 22-year-old, who plays for Real Sociedad in La Liga, was linked with Arsenal in January.
Since joining from Borussia Dortmund, he has scored 43 goals in 130 appearances for the Spanish club and helped them win the Copa del Rey in 2019-20.
Isak already has 37 caps for Sweden and played for them at Euro 2020 last summer when they reached the last 16.
The Telegraph reports that Newcastle management all agree they should try to bring Isak to St James’ Park this summer despite it costing over £40m.
The Magpies are under new ownership after a Saudi-backed consortium completed a £300m takeover of the club in October 2021.
Eddie Howe’s side have already flexed their financial muscles, helping them finish 11th in the Premier League last season.
Newcastle were 19th and had just three points from their first seven games when the takeover was completed – but appointed Howe as manager a month later and then signed four players – Kieran Trippier, Bruno Guimaraes, Chris Wood and Dan Burn – in January.
They’ve spent more this summer, with a £15m deal for Aston Villa’s Matt Targett, a £10m deal for Burnley’s Nick Pope and £35m for Lille’s Sven Botman.
Chelsea owner Todd Boehly has warned Premier League rivals that their financial clout means Newcastle will form a new ‘Big Seven’ in England’s top flight.
Newcastle’s Premier League season begins on August 6 when they host newly promoted Nottingham Forest.
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https://metro.co.uk/2022/07/12/newcastle-prepare-big-money-move-for-highly-rated-sweden-striker-16987608/ Newcastle prepare big swap for highly-rated Sweden striker | Soccer