Alexander Isak might develop into the Premier League’s costliest switch ever this summer time – however not when adjusted for inflation.
Liverpool made a bid value greater than £120million for the Swedish striker on Friday, however their supply has been rejected by Newcastle.

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The 25-year-old hasn’t travelled on the Magpies’ pre-season tour as he explores a possible transfer away from the membership.
He’s at the moment coaching at his former membership, Actual Sociedad in Spain, and Newcastle are understood to pay attention to the scenario.
Eddie Howe’s aspect ideally need to maintain their star ahead, who they worth at £150m, or no less than supply a substitute earlier than his exit.
Ought to Liverpool conform to match Newcastle’s price ticket, then it could obliterate the British switch file the Merseysiders have damaged as soon as already this summer time.
learn extra on switch information
The Reds have forked out a complete package deal value £116.5m for Florian Wirtz to take their spending near £300m.
talkSPORT.com have beforehand detailed how Arne Slot’s males can keep away from PSR points by finishing a file deal for Isak.
Now, Liverpool’s spending could be put into additional context by soccer finance skilled Kieran Maguire when adjusted for switch inflation.
His algorithm for evaluating signings because the arrival of the Premier League over three many years in the past within the 1992/93 season.
Fittingly, it’s the competitors’s all-time main goalscorer, Alan Shearer, who additionally holds the file for the best charge in actual phrases.


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High 10 highest Premier League transfers adjusted for inflation
On July 30, 1996, Newcastle made the legendary striker the costliest footballer on the earth in a £15m take care of Blackburn.
Talking from Bangkok that day, then-manager Kevin Keegan mentioned: “This signing is for the folks of Newcastle.
“It simply exhibits you the ambition of Newcastle United. We’re the biggest-thinking workforce in Europe now.”
So it is no shock that the title continues to be held at St James’ Park, with Shearer’s charge value a staggering £225m in at this time’s cash.
Mockingly, practically 29 years to the day later, information of Shearer’s successor because the club-record signing coaching alone broke on July 31, 2025.


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As per soccer finance consultants, Valuball, had Newcastle accepted Liverpool’s £120m bid for Isak, he would not even crack the record of the highest 20 Premier League signings ever when adjusted for inflation.
A £150m package deal would nonetheless solely see the ahead sit in ninth, just under Fernando Torres’ then-record transfer from Anfield to Chelsea.
Liverpool would nonetheless maintain the second total largest charge behind Shearer – however by Stan Collymore, not Isak.
The pair would maintain a hyperlink if the latter joins the Reds, with Collymore’s 1995 switch proving to be the primary time the present champions broke the British switch file within the Premier League period.
It was additionally the latest up till the arrival of Wirtz, who would not lower the highest 20, leaving Liverpool with just one consultant.


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Isak’s valuation might dwarf Collymore’s £8.5m change from Nottingham Forest, however the charge was really the equal of £219m.
Arsenal’s solely inclusion on the record has the Gunners in third, with Dennis Bergkamp’s £7.5m transfer from Inter Milan now value £189m.
Almost precisely the £180m worth prediction made by talkSPORT’s Darren Bent when assessing the Dutchman within the present market.
In the meantime, Manchester United accounts for seven of the following 11 names, such is the membership’s heritage for breaking switch data.
Juan Sebastian Veron (£175m), Rio Ferdinand (£165m), Andy Cole (£159m) and Paul Pogba (£145m) would all be value much more at this time.


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Why are Liverpool not breaching PSR?
“Liverpool are in an extremely robust place,” soccer finance skilled Maguire just lately advised talkSPORT.
“To start with, when it comes to the cash coming in at Anfield, they now have an expanded stadium and the brand new tickets and the brand new seats which are accessible are going to the hospitality, to going to company followers and the yield there tends to be very excessive.
“They have the brand new shirt deal, which is available in on August 1 with Adidas, that is going to be a considerable improve.
“They’re extremely in style with sponsors, and the sponsors can have paid bonuses for them successful the Premier League, so all of these are positives when it comes to the cash coming in.
Soccer finance skilled explains how Liverpool are in a position to spend a lot this summer time
“If you happen to have a look at the gamers which have gone… Trent [Alexander-Arnold] has gone, he was on a really excessive wage, [Jarell] Quansah has gone – that will likely be pure revenue. In order that they’re really in a powerful place.
“After which I’ve received the figures in entrance of me when it comes to spending and all the old-school ‘huge six,’ Liverpool had been sixth within the place [of net spend] over the course of the final three to 4 years.
“In order that they’ve really been retaining their powder dry comparatively to the opposite golf equipment.
“They spent a billion kilos lower than Chelsea throughout that interval.
“In order that they’re really within the place to spend now as a result of they have been fairly cautious within the final couple of home windows.”