Arsenal have suffered a major blow in their pursuit of Alexander Isak, with Newcastle United reportedly increasing their asking price amid his immense recent form. The Sweden international has been on Arsenal’s radar for several years and his situation at St James’ Park is being monitored by the Gunners’ hierarchy as they look to sign a new centre forward.

Newcastle star Alexander Isak has been heavily linked with a move to Arsenal this month as Mikel Arteta looks to bolster his forward ranks.

Isak’s latest contribution, a deflected 34th-minute strike and a cool finish after being picked out by Bruno Guimaraes 12 minutes after the break, laid the foundation for victory over Wolves before he set up Anthony Gordon to cement the win 24 hours after Liverpool, Nottingham Forest, Chelsea and Manchester City all dropped points.

Alexander Isak broke Newcastle records as he scored again against Wolves with the Swedish star among Europe's leading lights - which has led to transfer interest from the likes of Arsenal

Alexander Isak scored for the eighth straight Premier League game Wednesday to propel Newcastle into the top four. The Sweden international struck twice in a 3-0 victory over Wolverhampton to take his season total to 17 in all competitions.

Alexander Isak remains a player in demand, but the Newcastle star is unlikely to be moving to Arsenal after his new transfer fee was revealed.The Swedish attacker is in a rich vain of goalscoring

Arsenal came from behind to beat Tottenham 2-1 and reignite their Premier League title challenge on Wednesday as Alexander Isak fired Newcastle into the top four. Elsewhere, David Moyes endured a miserable return to the Everton dugout,