(Credit: Hasan Karim/Manh Tung - Breaking Media)
(Credit: Hasan Karim/Manh Tung - Breaking Media)

Newcastle ‘leak was right’ as financial details of Alexander Isak’s move to Liverpool revealed

James Murray

James holds a degree in Sports Journalism and Communications (MA) from the Real Madrid Graduate School. He has experience working for a number of local news outlets as well as the Sunday Mirror and Real Madrid TV. James is from Scunthorpe and has an affinity with Scunthorpe United, but is also a huge West Ham supporter and an expert on all things to do with the Hammers. He started working for Breaking Media in July 2023, initially writing on the Club Sites, where he specialised in West Ham content, before moving to Football Insider – where he is now an expert in football finance, speaking regularly with Stefan Borson and Keith Wyness to generate high-quality content in all things related to finance in the Premier League, Football League, and Scottish Premiership.

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Newcastle United will earn around £130million from Alexander Isak’s move to Liverpool after details of the transfer have been revealed. 

Isak joined Liverpool in a £125million deal on deadline day (1 September) from Newcastle following weeks of intense speculation surrounding his future. 

However, the deal is believed to be worth around £5million more to Eddie Howe’s side due to solidarity payments. 

Isak is yet to feature in the Premier League this season, having refused to play for Newcastle after initially seeing his move to Liverpool blocked. 

The Sweden international has now signed a six-year deal at Anfield. 

Alexander Isak in the Liverpool away kit
Alexander Isak has joined Liverpool from Newcastle United (Credit: Manh Tung, Breaking Media)

Liverpool to pay extra £5m for Alexander Isak

This article contains exclusive comment from Stefan Borson, a former financial adviser to Man City.

Football Insider revealed on 2 September Arne Slot is not expected to change Liverpool’s system after signing Isak. 

The 25-year-old is in line to make his debut for his new club against Burnley on Sunday (14 August). 

Speaking exclusively to Football Insider, Borson said: “I don't think it is loyalty payments actually. 

“I think the original leak was right, which I think was solidarity payments. I don't think there was ever any concept that he would get the rest of his loyalty payments in this situation. 

“I think what's really happened is that Newcastle are going to get the £125million and Liverpool will take on what's known as the solidarity payments that they have to pay to all of his previous clubs until he joined Newcastle. 

“The solidarity payments partly would go to Newcastle, so they would net out about £5.5million, which Liverpool will pay. 

“The way it works is that the buying club will always make the actual payments, but what they tend to do is hold back part of the transfer fee. 

“The forms do allow you to say, well, the net transfer fee is £125million and effectively we will take care of the solidarity payments to pay off. 

“He's got all these clubs all around Europe, one in Sweden and then Sociedad, so they have to pay all these teams a relatively small amount depending on how long he was there for, but it totals up to £5million.”

Eddie Howe of Newcastle United during a match at St. James' Park.
Eddie Howe has signed two new strikers following Alexander Isak's exit (Credit: Imago)

Newcastle agree late double swoop

Yoane Wissa signed for Newcastle on deadline day as a replacement for Isak, with the deal believed to be worth around £55million. 

Meanwhile, Newcastle also completed the signing of Nick Woltemade in a £69million deal from Stuttgart towards the end of the transfer window. 

Wissa and Woltemade will be in line to make their debuts at St James’ Park against Wolves on Saturday (13 September) following the ongoing international break. 

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