Arsenal will potentially be on “red alert” this summer as Newcastle United “have no intention of entering into negotiations” over a new contract for Alexander Isak, according to reports.

Newcastle recently confirmed Anthony Gordon’s contract extension but are not in talks with Isaac over a new business.

The Swedish striker joined the Magpies from Real Sociedad for a club-record fee of £63m and has been a remarkable signing.

He has just one goal in the Premier League this season, but in 74 appearances for the club, Isak has scored 36 times.

He is one of Newcastle’s most important players and his contract does not expire until 2028, but there is a belief that Arsenal could make a move in the summer transfer window.

Isak at Arsenal? Newcastle are not in contract talks with the star forward

That’s according to Newcastle expert Craig Hope, writing in the column of the Daily Mail that there are no plans at St James’ Park to negotiate a new contract with Isak.

This is neither devastating nor surprising as Isak still has four years left on his contract with Newcastle.

According to Hope, this “increases the chance” of a transfer at the end of the season and “will put Arsenal on red alert”.

Hope reveals there were “preliminary discussions towards the end of last season”, however the club felt he and his camp “were reluctant to commit”.

Talks have “ceased” completely and both sides “see no need to conclude a new agreement”.

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One of Isak’s biggest ambitions is to play in the Champions League and with Newcastle on a downward trajectory since he first joined, he has shown no interest in agreeing new terms.

The report adds that Isak will “look for a move” next summer if Newcastle fail to qualify for the Champions League. In addition, the 25-year-old has “emerging doubts about the speed of the project on Tyneside”.

Regardless of that speculation, the Sweden international is currently “perfectly happy” at the club and is enjoying working under Eddie Howe.

Hope believes Isak is now worth double the £63m Newcastle paid to sign him in August 2022 and the Magpies will be in a “strong negotiating position” due to the length of his contract.

Arsenal will likely have to pay a British record fee for Isak if they want to bring Isak.

Newcastle feared being forced to sell a key player in the 2024 summer transfer window but sold Elliot Anderson and Yankuba Minteh for a combined £65m to avoid a breach of Premier League profitability and sustainability .

They will be hoping to avoid being in a similar situation at the end of 2024/25 with Bruno Guimaraes and Isak keen to play in the Champions League.

Meanwhile, Arsenal are being linked with several strikers, including Juventus’ Dusan Vlahovic and Benjamin Sesko from RB Leipzig.

Isak is a name that is constantly being linked with a move to the Emirates and would be an outstanding signing, even if Kai Havertz has emerged as a superb option up front.