Jørgen Strand Larsen, a summer target for Newcastle, has agreed a new contract with Wolverhampton Wanderers which does not include a release clause, according to Express & Star.

Wolverhampton Wanderers announced the contract renewal of their striker Jorgen Strand Larsen for another five seasons. The agreement also includes an option for an additional season. The club had announced an agreement until 2029 on July 1st, and the new agreement extends the player's stay by one year.

Norwegian striker Jørgen Strand Larsen, 25, is set to extend his Wolves contract after receiving interest from Newcastle and Chelsea. The player's market value is currently €30.00m, according to Transfermarkt.