Liverpool have agreed a British transfer record fee of £125m to sign striker Alexander Isak from Newcastle United.

The saga involving the 25-year-old appears set to come to an end on the final day of the summer transfer window after Newcastle signed striker Nick Woltemade from Stuttgart.

Newcastle sources claim the deal could be worth as much as £130m with add-ons.

Isak is expected to undergo a medical on Monday before signing a six-year contract.

Liverpool had an original £110m offer rejected in August but are now set to land their first-choice target of the summer.