Report: Newcastle about to break their record for highest paid player as deal set to be signed

Newcastle United face a delicate balancing act with their finances as Profit and Sustainability Rules put the brakes on the club's ambition.

The PSR rules not only govern how much a club can spend on transfers but also the agent fees and wages, therefore when a club offers a player new terms, that will hit the transfer budget too.

This is something that looks likely to come into play as the Magpies move to ward off advances for their better players.

Bruno Guimaraes and Joelinton recently signed new deals at the club signifying their intent to stay and now Alexander Isak is set to agree new terms that will make him the club's highest ever earner according to The Boot Room.

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Alexander Isak is constantly being linked with Arsenal

There are constant rumours around the future of our star striker with Arsenal constantly linked with an interest in the £63million signing.

Eddie Howe today laid down the law and said that there is no desire from anyone in the club to let Isak leave this summer.

Now it seems that Isak will back up that claim by signing a new contract with Newcastle which will make him the highest-paid player in the club's history.

The new deal will be a huge statement of intent from both sides

It's a smart move by the club as it not only shows the club's commitment to Isak, but also Isak's commitment to the club.

Perhaps more importantly though, it will remove the clause that would see Isak taking a pay cut next season. It has been reported that if Newcastle fail to qualify for the Champions League - which has already happened this season - then Isak would have to take a 20% drop in his wages.

With that clause intact it would definitely make it easier for clubs playing in the Champions League to turn Isak's head, but if we show him just how important he is to our project by removing that clause and upping his wages, then there's no real reason for him to leave.