LATEST UPDATES LIVE >Liverpool agreed £120m swap deal involving out-of-favour England star before Newcastle

**Liverpool & Newcastle Reignite £120m Transfer Battle: Isak, Gordon, Elliott in the Spotlight** *(Paraphrased)*

Liverpool and Newcastle may be preparing for another intense summer of transfer dealings, with three high-profile players potentially involved in a transfer struggle that could total as much as £120 million.

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**⚽ Liverpool Targeting Gordon & Isak**

Liverpool have reportedly renewed their pursuit of Anthony Gordon, a lifelong Liverpool supporter who nearly returned to the club last summer in a proposed exchange involving Joe Gomez.

Newcastle ultimately withdrew from the deal after offloading Yankuba Minteh (£33m to Brighton) and Elliot Anderson (£35m to Nottingham Forest), which gave them the flexibility to retain Gordon.

Even though Gordon signed fresh terms in October, Liverpool are once again showing interest, with talkSPORT’s Alex Crook suggesting the move “could be revisited.”

Simultaneously, the club are said to be strong admirers of Alexander Isak. However, Newcastle are expected to set a steep asking price — believed to be in excess of £75 million — to even begin talks.

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** Newcastle Revisiting Elliott & Gomez**

Newcastle, for their part, have maintained an interest in Harvey Elliott, who is reportedly open to leaving Anfield during the current window.

RB Leipzig are also tracking Elliott, but Liverpool are expected to demand more than £40 million for the midfielder.

Back in 2024, Newcastle attempted to bring in Joe Gomez for £45 million as part of a possible Gordon transaction. Although that deal didn’t materialize, their interest in Gomez hasn’t entirely cooled.

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** Why the Timing?**

Newcastle are under pressure to generate income due to Premier League financial compliance rules and have yet to make a significant signing this summer.

Liverpool, on the other hand, have moved on players like Trent Alexander-Arnold, Caoimhin Kelleher, and Jarell Quansah, which could open the door for a major attacking acquisition.

To secure either Gordon or Isak, Liverpool would need to submit a serious offer — and might consider including Elliott or Gomez in any deal.

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** What It All Means**

This developing storyline could be pivotal in shaping both teams’ transfer strategies.

Gordon still has emotional ties to Liverpool, while Isak is seen as an ideal fit for the elite striker role under Arne Slot.

Newcastle may be forced to cash in to meet PSR (Profit and Sustainability Rules), particularly with other targets, like Joao Pedro

heading to Chelsea, slipping away.