Newcastle United are closing in on the signing of Stuttgart striker Nick Woltemade

Newcastle United are closing in on the signing of Stuttgart striker Nick Woltemade in a move that could have a huge impact on Liverpool's pursuit of Alexander Isak.

The Germany international, 23, is understood to be en route to Tyneside after a deal was struck with the Bundesliga side.

Woltemade, who has also attracted interest from Bayern Munich this summer, will undergo a medical ahead of completing a move to St James' Park.

There is no confirmation of the fee, but a source suggested it would constitute a club record after Newcastle previously spent £63m to make Isak the most expensive player in their history three years ago when he arrived from Real Sociedad.