Sources: Liverpool could agree ‘£75m’ Newcastle deal

The summer transfer window has only just begun, but Liverpool already find themselves embroiled in what could become one of the season’s most intriguing sagas.

The Reds have reignited their interest in Newcastle United winger Anthony Gordon, though securing his signature will require navigating a financial minefield that could see the club part with a staggering £75-80 million.

Sources close to the negotiations reveal that Newcastle remain adamant about retaining their star player, with the club’s recent Champions League qualification strengthening their financial position.

Unlike last summer—when Profit and Sustainability Rules (PSR) pressures forced the Magpies to entertain offers—Eddie Howe’s side now hold all the cards. Gordon’s long-term contract, signed just last October after intense speculation over his future, further cements Newcastle’s negotiating power, making any potential deal a complex and costly endeavor.

Liverpool’s interest is far from impulsive. The club closely monitored Gordon throughout last season, impressed by his electrifying performances on the left flank.

His 11 Premier League goals and 10 assists showcased a maturity beyond his 23 years, solidifying his reputation as one of England’s most exciting attacking talents.

The Reds’ pursuit could intensify if Luis Díaz departs, with Barcelona and Saudi Pro League clubs circling the Colombian winger. Gordon’s versatility, work rate, and proven Premier League pedigree make him an ideal candidate to fill that potential void.

However, Newcastle’s resolve should not be underestimated. The club views Gordon as integral to their project, particularly with Champions League football on the horizon.

Manager Eddie Howe has repeatedly emphasized the winger’s importance, both on and off the pitch, and the St. James’ Park hierarchy has no intention of sanctioning a sale unless an astronomical offer materializes.

Should negotiations for Gordon prove too cumbersome, Liverpool have already identified backup options. AC Milan’s Rafael Leão has emerged as another high-profile target, with scouts reportedly tracking the Portuguese international for months.

The 25-year-old possesses a similar profile to Gordon—blistering pace, technical flair, and an eye for goal—but his £100 million release clause could complicate matters.

Leão’s situation mirrors Gordon’s in many ways. Milan are reluctant to lose their talisman, but financial pressures could force their hand if a substantial bid arrives.

Arsenal have also registered interest, viewing Leão as a potential replacement should Gabriel Martinelli depart. The competition for his signature ensures that Liverpool would need to act decisively, whether they prioritize Gordon, Leão, or another target altogether.

Strategic Implications for Both Clubs

For Liverpool, this transfer represents more than just a squad refresh—it’s a statement of intent under Arne Slot’s new regime. Securing a player of Gordon’s caliber would signal ambition, while also addressing a positional need with Díaz’s future uncertain.

Yet, the financial outlay required raises questions about how the club allocates its resources, particularly with other areas of the squad also in need of reinforcement.

Newcastle, meanwhile, face their own dilemma. While their PSR concerns have eased, a £75-80 million windfall could still provide significant flexibility in the market. Yet, losing a homegrown talent like Gordon—especially to a direct rival—would be a bitter pill to swallow.

His connection with the fans and importance to Howe’s system make him nearly irreplaceable, meaning only an irresistible offer would even prompt discussions.

As it stands, Liverpool’s pursuit of Anthony Gordon remains in its early stages, with Newcastle holding firm. The Reds must decide whether to meet the Magpies’ steep demands or shift focus to alternatives like Leão. One thing is certain: whichever path they choose will have major ramifications for their season and beyond.

For Gordon, the coming weeks could define the next chapter of his career. A boyhood Liverpool fan, the allure of Anfield is undeniable.

But with Champions League football secured at Newcastle and a starring role guaranteed, he may find the grass isn’t always greener—especially when his current club values him at a price that reflects his sky-high potential.

The transfer window promises twists and turns, but one thing is clear: Anthony Gordon’s future will be one of the summer’s most captivating storylines.