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Anthony Gordon Agrees Personal Terms with Bayern Munich as Newcastle Hold Firm

Anthony Gordon, Newcastle United winger
Anthony Gordon — Newcastle United winger and England international | Photo: FuboTV / Wikimedia Commons / CC BY 3.0

Anthony Gordon has agreed broad personal terms with Bayern Munich, according to reports from transfer journalist Ben Jacobs — but any deal remains a long way from completion, with Newcastle United standing firm on a valuation of at least £75 million. The 25-year-old winger's desire to test himself at one of Europe's biggest clubs appears well-established, yet a significant gap between what the Bundesliga giants are willing to pay and what St James' Park demand could yet derail the move entirely.

Bayern have reportedly been monitoring Gordon for some time and are understood to value him at somewhere in the £50-60 million range, potentially willing to stretch toward the upper end of that bracket if negotiations progress. Newcastle, however, have been blunt in their response — £75 million is the floor, and anything below it will be rejected. The Magpies are not in a position where they need to sell, having secured Champions League football again this season, and that financial strength allows them to hold out for their asking price rather than accept a discount for the sake of keeping a player happy.

Gordon's Champions League Record Boosts His Value

Part of Newcastle's confidence in their valuation comes from what Gordon has produced in Europe this season. In February, he became just the third Newcastle player in history to score a Champions League hat-trick, netting four times in a 6-1 thrashing of Qarabag in the playoff round. His performances across domestic and European competitions have raised his profile substantially, and the club are right to feel that £75 million reflects his current market worth rather than inflating it. Liverpool and Arsenal have also been mentioned as clubs keeping a watching brief should the Bayern move collapse.

Newcastle's Position and Their Replacement Plan

Newcastle's reluctance to lose Gordon for a fee they consider below value is understandable, but reports suggest they are not burying their heads in the sand about the possibility of his eventual departure. Eddie Howe's recruitment team are believed to have quietly begun identifying potential replacements, with Jarrod Bowen among the names being tracked as a like-for-like option in wide areas. The club will not be caught flat-footed if a deal is eventually agreed, but they are in no rush to make it easy for Bayern or anyone else to take one of their most important players at a cut price.

What Happens Next

The coming weeks will be telling. Gordon will be away on England duty for international fixtures after the Premier League season concludes, which could give all parties breathing space before the transfer window opens officially. Whether Bayern are willing to meet Newcastle's demands or walk away and look elsewhere depends largely on how important the German club consider Gordon versus other wide targets they are monitoring. For now, both sides appear dug in — and Newcastle hold all the leverage.

Transfer context: Anthony Gordon, 25, has agreed personal terms with Bayern Munich but Newcastle United are demanding a minimum £75m transfer fee. Bayern value him at £50-60m. Gordon joined Newcastle from Everton in January 2023.

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