ALEXANDER ISAK is not in talks with Newcastle over an extended contract as Arsenal continue to lurk and potentially pounce.

The Swede, 25, became the first Toon star since Alan Shearer two decades ago to hit 20 Premier League goals.

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He has now scored 32 in his 58 top-flight appearances since arriving in a club-record £63m deal from Real Sociedad in 2022.

That form caught the eye of some of Europe’s biggest clubs, with Arsenal believed to be keen.

Isak remains under contract until 2028 and preliminary discussions between the Magpies and the star over a new package were held before the summer.

SunSport understands that more talks are NOT currently taking place and there are none pencilled in due to him still having three years left.

Neither party believes that a new contract is a top priority currently, while it is also understood the forward’s camp want to see how this season pans out.

Isak, who has only scored once for Newcastle so far this term, has ambitions to keep playing in the Champions League after having a taste at Toon a year ago.

But if Eddie Howe’s side miss out on a top four finish then he could potentially look to leave, with a lack of an extended deal increasing that possibility.

And despite his poor form in front of goal, Arsenal remain keen and Toon would still easily be able to demand £100m plus for the hitman.

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Newcastle are set to be in action this Sunday in the Premier League.

Isak and Co travel south to face Chelsea at Stamford Bridge.