Newcastle United are in the pipeline of signing Alexander Isak from Real Sociedad.
The two clubs are looking at fee of about £60m.
Isak’s signing would double Newcastle’s spending this summer to just short of £120m after already signing Matt Targett, Sven Botman and Nick Pope, and bring the total to around £200m since the new owners took over the club in October 2021.
The Sweden international, 22, would boost the Magpies’ attacking options given the injury record of Callum Wilson, who is awaiting results of a hamstring scan.
Ex-Borussia Dortmund player Isak has 44 goals in 132 appearances for Sociedad, and nine in 37 for his country.
Newcastle’s transfer record is the £40m they paid for Joelinton in 2019.
The Brazilian striker-turned-midfielder was signed from German club Hoffenheim.
The club also paid £35m plus add-ons for fellow Brazilian midfielder Bruno Guimaraes last January but Isak’s signing would be a significant shift from Newcastle’s new owners, who took over the club in October and have taken a considered approach to the transfer market.