There is an expectation at Newcastle that Anthony Gordon would be keen on a move away this summer.
The England international has emerged as a top target for Bayern Munich, while Arsenal are also interested in him.
Gordon is one of a number of big-name players who could leave Newcastle this summer, with English and European clubs circling over Sandro Tonali and Tino Livramento.
The winger has not told Newcastle he wants to leave this summer but the 25-year-old could be on the move if the Magpies receive a big offer. Liverpool almost signed Gordon in the summer of 2024 but it remains to be seen if they will revive their interest in him.
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Newcastle are in a strong negotiating position over Tonali, contracted until 2029 plus a one-year option, and Gordon, contracted until 2030.
In an ideal world Newcastle would like to keep both Gordon and Tonali, but have made no secret of the fact they need to "trade" this summer to allow for a rebuild of the first-team squad.
Tonali has a list of suitors, while Manchester City are interested in Livramento. The England full-back is the most pressing concern for Newcastle, with only two years left on his deal.
None of the players have officially asked to leave, but there is a general understanding that one, two or all three may like a new challenge this summer.
Gordon has not agitated to leave, and we are told he is training and playing in the usual professional manner.
Analysis: Real chance Gordon departs
Sky Sports News' North East correspondent Keith Downie:
"Having been with Newcastle for more than three seasons, there is a real chance Gordon could go this summer. The winger has turned himself into an England regular since working under Eddie Howe, and the prospect of no Champions League football isn't a positive one for Newcastle keeping him beyond the summer.
"But Newcastle commanded a Premier League record fee when they sold Alexander Isak to Liverpool last summer, and they would be looking for a big outlay again if clubs were to make official approaches for Gordon.
"How much is a big outlay? I'd say around double the £40m (+£5m) Newcastle paid for him in 2023. They are in a strong negotiating position – he still has four years left on his current deal.
"He's also the third-top scorer in the Champions League this season, and that hasn't gone unnoticed on the continent.
"I'm told Gordon is still conducting himself in a professional manner and is keeping his head down for the final six games of the season.
"I think Newcastle fans could accept Gordon moving to Bayern Munich rather than to any of their Premier League rivals.
"Newcastle CEO David Hopkinson told reporters recently that Newcastle may have to sell to buy big this summer, and Gordon is one of the club's best assets.
"If Newcastle were to rake in around £75m-£80m for Gordon it would allow them more freedom in the market and give Howe (or a new manager) welcome funds to spend."
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