🔥🚨🚨 𝗥𝗘𝗣𝗢𝗥𝗧𝗦: Liverpool reached a £120m swap agreement that included an out-of-favour England player Liverpool and Newcastle somehow find themselves entangled in a £120million transfer tug-of-war for a second straight summer. The Reds are massive admirers of Magpies striker Alexander Isak, with Eddie Howe one of the many suitors interested in Harvey Elliott. FULL STORY: LINK IN COMMENTS👇👇👇

Here’s a detailed breakdown of the situation and how these £120 million+ swap talks between Liverpool and Newcastle have unfolded, featuring both Alexander Isak and Harvey Elliott

 

 

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🧩 Background: last summer’s £120m near-swap

 

June 2024—Liverpool and Newcastle were edging toward a massive £120 million swap deal: Joe Gomez (valued at £75m) to Liverpool. Gordon even had a medical in Leipzig lined up amidst Euro 2024 duties .

 

But at the 11th hour, Newcastle raised funds by selling Elliot Anderson to Nottingham Forest for £35m and Yankuba Minteh to Brighton for £33m, removing the need to offload Gordon. The swap fell through—both players ended up staying put .

 

 

 

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🔄 This summer: history repeating?

 

Once again, the £120m+ figure is circulating—but this time around, it’s anchored to Alexander Isak and involves Harvey Elliott on the flip side.

 

🔥 Key Players & Valuations

 

**Alexander Isak (Newcastle, Sweden, age 25)**

 

A standout striker with 22 league goals & 5 assists in 31 league appearances last season .

 

Newcastle value him between £120m–£150m, possibly even €180m (~£154m) depending on source .

 

Isak is reportedly open to Liverpool, dreaming of Champions League football and major trophies .

 

 

**Harvey Elliott (Liverpool, England, age 22)**

 

Once an upcoming midfield/wing talent, but he’s fallen out of the starting XI under Arne Slot .

 

Newcastle, along with RB Leipzig, are monitoring him. Howe is an admirer .

 

Liverpool are open to selling him for £40–50m, with a buy-back clause if under £50m .

 

 

 

 

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🔁 What exactly is being proposed?

 

1. Swap structure:

 

Liverpool could offer one or more of their fringe players—Elliott, Joe Gomez, Jarrell Quansah, Ben Doak—in a package to reduce the cash outlay needed to land Isak .

 

2. Pure cash route:

 

A straight deal could see Liverpool pay £120–150m plus potentially match Newcastle’s current wage schemes.

Financially, Liverpool can handle this through amortisation and sales of Darwin Núñez, Elliott, Quansah, Ben Doak, etc., generating £130–160m to fund big moves .

 

 

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💾 PSR, Strategy & Timing

 

PSR Deadline: Last June, Newcastle sold key assets to balance books before the June 30 Profit & Sustainability Rules deadline .

 

This year, Liverpool are also watching PSR closely. They’ve already sold Trent Alexander‑Arnold, Caoimhín Kelleher, Jarell Quansah, and now potentially Elliott to fund a mega deal .

 

Liverpool’s net spend has been modest, but this window is shaping up to be the biggest in recent memory, balancing ambition with financial discipline .

 

 

 

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🔮 What could happen next?

 

1. Liverpool proceeds with big bid—possibly offering £120–150m combined value, including cash plus player(s), to land Isak.

 

 

2. Newcastle holds firm, not wanting to lose their star given Champions League status and future plans—Isak’s contract runs until 2028 .

 

 

3. Side deal on Elliott: If Isak doesn’t move, Elliott may still be offloaded to Newcastle for £40–50m, potentially without buy‑back, giving Liverpool funds regardless .

 

 

4. Alternative targets: Liverpool are also considering other strikers like Victor Osimhen or Hugo Ekitike, but Isak remains their dream target .

 

 

 

 

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🏁 Summary Table

 

Player From → To Type Valuation

 

Alexander Isak Newcastle → Liverpool? Swap/cash deal £120–150m+

Harvey Elliott Liverpool → Newcastle? Player plus cash £40–50m, buy‑back if <£50m

 

 

The saga echoes last summer’s failed swap, but the stakes are now even higher (£150m+).

 

Either Isak arrives at Anfield via a blockbuster, or Elliott departs as part of a strategic rebuild.

 

 

 

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🚨 Why it matters

 

Anfield: A signing like Isak would signal a spectacular statement of intent for Liverpool’s competitive ambitions.

 

Tyneside: For Newcastle, losing Isak would be a blow—but gaining talent like Elliott or Gomez could reinforce squad depth, though they appear determined to keep their striker.

 

 

 

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Takeaway:

It’s a high-stakes transfer chess match—mirroring last year’s near-swap, but dialled up on both price and implications. This summer, Isak appears central, with

Elliott potentially traded to ease Liverpool’s budget and Newcastle’s interests aligning.

 

 

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