Liverpool's interest in Newcastle winger Anthony Gordon has resurfaced with reports suggesting the Reds are ahead in the queue for a summer move that could command up to £95 million. While Bayern Munich's name has been floated in passing, the real competition appears domestic, with Arsenal and Manchester City monitoring the situation closely.
Behind the Renewed Interest
The speculation stems from a report by Liverpool.com, which highlights informal contacts possibly already made between Liverpool and Gordon's camp. This comes after a failed attempt in 2024 when Newcastle pulled out of a deal following sales of other assets to meet PSR requirements. Gordon, who began his career in Liverpool's academy before moving to Everton, remains a boyhood Red, a factor that could sway any decision if Newcastle opt to sell.
At 24, Gordon has shown flashes of brilliance this season despite an up-and-down campaign marred by a minor hamstring issue in early February. He recovered swiftly, contributing assists in recent outings against Tottenham and contributing to Newcastle's push in the Champions League. His pace and directness have yielded seven goals and five assists in the Premier League so far, underlining his value in Eddie Howe's setup at St James' Park.
Tactical Alignment Under Arne Slot
Liverpool head coach Arne Slot, now in his second season after succeeding Jurgen Klopp, has prioritised bolstering the flanks following Luis Diaz's departure to Bayern Munich last summer. Gordon's ability to thrive on the left, combined with his pressing intensity, aligns with Slot's high-energy system that demands versatility from wide players. At Anfield, he could form a dynamic partnership with Mohamed Salah on the opposite side, addressing a creative shortfall that has seen Liverpool struggle against compact defences this term.
Contrastingly, Newcastle's financial landscape under Eddie Howe—who remains in charge despite mounting pressure from a mid-table hover—might force considerations. With Gordon's contract extended to 2030 on £150,000 weekly wages, the Magpies hold leverage, but a £95 million bid would represent pure profit on their £45 million investment from Everton in 2023. This could fund squad reinforcements, especially with PSR constraints lingering.
Market Dynamics and Rival Bids
Arsenal's interest reflects Mikel Arteta's desire for Premier League-proven depth, while Manchester City's pursuit fits Pep Guardiola's model of adding homegrown talent. Yet, sources indicate Liverpool's emotional pull gives them pole position. Bayern Munich, managed by Vincent Kompany following his contract extension to 2029, have been mentioned tangentially—perhaps as a nod to their Diaz acquisition—but no concrete links to Gordon have materialised, shifting focus away from a cross-league battle.
Betting markets reflect this momentum, with Liverpool shortening as favourites in the Anthony Gordon next club odds. Odds have drifted for Arsenal and City, signalling market scepticism over a bidding war, though Newcastle's stance remains firm against undervalued offers.
Financial and Squad Implications
A £95 million fee would rank among Liverpool's record outlays, but with Salah's contract expiring in 2027 and Saudi interest persisting, proactive planning is evident. For Newcastle, cashing in could alleviate wage bill pressures, allowing investments in midfield or defence amid Sandro Tonali's integration post-suspension.
Gordon's form trajectory is key; his explosive runs and end product have dipped from last season's highs, but recent performances suggest a return to peak. If he sustains this through Newcastle's European campaign, his valuation could hold or rise, complicating negotiations.
Outlook for the Summer Window
As the season progresses, expect clarity post-March internationals, where Gordon aims to cement his England spot. Liverpool's advantage lies in heritage, but Newcastle's resolve under Howe—who has publicly backed the winger—means any deal hinges on meeting that lofty price. This saga underscores the Premier League's financial tightrope, where talent like Gordon becomes both asset and bargaining chip.

