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Wolves have turned down a second proposal from Newcastle for striker Jorgen Strand Larsen, who netted twice in their victory against West Ham on Tuesday.
The Magpies submitted a £55m bid following a previous £50m offer that was rejected earlier in the week.
Wolves are unwilling to part with the Norway international primarily due to the limited time available to find a replacement before the transfer window closes on Monday. Additionally, Strand Larsen is seen as a crucial asset for their quest to maintain Premier League status.
Newcastle is in search of additional offensive talent, particularly with Alexander Isak attempting to secure a transfer to Liverpool. The Sweden international is currently at an impasse with the Magpies and has yet to feature in any games this season.
Strand Larsen, who just finalized his permanent move from Celta Vigo for £23m this summer, came off the bench to score twice in the last eight minutes of the match as Wolves triumphed 3-2 over West Ham in the EFL Cup on Tuesday.
After the game, manager Vitor Pereira did not dismiss the possibility of a transfer, even though he intends to keep the forward.
He remarked, "In football, every player has a price, including [Lionel] Messi and Cristiano [Ronaldo]. I recognize the dynamics of the sport, but for us, he is highly valuable. We'll see how things unfold."
He added, "If it were solely my choice, he would be staying. He plays a significant role for the team."
Strand Larsen finds Newcastle an appealing choice, having scored 14 goals in the Premier League last season. Nonetheless, he has remained professional, and Pereira believes that the 25-year-old will not seek a transfer.
He commented, "In my experience, many players in similar situations have asked not to play, but he wants to participate and contribute to the team every chance he gets."
Pereira expressed confidence in his understanding of Strand Larsen over the past seven or eight months, stating, "He will never push for a move. While we must accept the realities of football, my priority is to keep our finest players, including him."
How long will Newcastle tolerate this situation?
There were bound to be repercussions from Isak's stance at Newcastle, and Wolves are feeling the impact now.
As the striker attempts to orchestrate a transfer to Liverpool, the Magpies find themselves scrambling in the final days of the transfer window.
They have shown interest in Porto’s Samu Aghehowa but have hesitated to meet the £60m asking price for a 21-year-old who enjoyed a prolific 27-goal season last year.
Their pursuit of Brentford's Yoane Wissa has yet to bear fruit, with the Bees rejecting two offers, the latest being £40m for last season’s 19-goal scorer.
Like Brentford, Wolves have proven resistant to the substantial offers for Strand Larsen and do not wish to see their 25-year-old forward leave.
Given the tight timeframe of the transfer window, finding a replacement for the Norway international poses a significant challenge, particularly as Wolves seek to bolster their attacking options.
He stands as their most significant asset, and the value of survival undoubtedly exceeds the present transfer offers. Losing him would endanger Wolves' position in the top division.
His impressive tally of 14 goals in 30 Premier League matches during his debut loan season from Celta Vigo was crucial in securing Wolves' continued presence in the league after Vitor Pereira took over in December.
However, Newcastle's urgency might lead them to make reckless financial decisions. Strand Larsen is a talented player, but after his permanent transfer from Celta for £23 million this summer, is he worth over £60 million?
The critical issue is when the Magpies will determine that the asking price is excessive, or whether the situation compels them to acquire him regardless of the expense.
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