Newcastle United's wantaway striker Alexander Isak will not be in the squad when they host Premier League champions Liverpool on Monday, said boss Eddie Howe, who called the tense standoff a "lose-lose" situation.

Isak was the subject of a 110 million pounds ($148.34 million) bid from Liverpool earlier this month, according to media reports, and in a social media post on Tuesday accused Newcastle of breaking promises.

Newcastle responded by saying there had been no commitment to sell the 25-year-old who is under contract until 2028.

"There's been no change," Howe told reporters on Friday. "It's a lose-lose situation. I don't think we can come out of this winning in any situation."

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