Liverpool's response after Anthony Gordon transfer bombshell in latest Newcastle FFP twist

Liverpool have turned down the chance to sign Anthony Gordon from Newcastle United.

ChronicleLive understands Liverpool were approached with a proposal that was not right for the club. The Daily Mail have reported that the proposed deal included defender Jarell Quansah, who Liverpool do not want to lose, and this has been confirmed.

The bombshell comes just a day after Chelsea made further contact with Newcastle regarding Alexander Isak following the Blues' initial enquiry earlier this week. Both Isak and Gordon are settled at Newcastle, and Eddie Howe desperately does not want to lose his key players, but the timing of both these stories highlight the Magpies' vulnerabilities before the end of the financial year.

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Newcastle, like all Premier League clubs, are allowed to make losses of up to £105m over a rolling three-year period and Sunday marks the end of the current profit and sustainability cycle. Player trading is an obvious way to create headroom and ChronicleLive understands Newcastle are still speaking to potential clubs about Yankuba Minteh, but no deal has been agreed yet.

Newcastle recorded revenues of £250.3m last year, but the Magpies also made a loss of £73.4m and CEO Darren Eales agreed that every player had a price.

"Any decision we make will always be against the backdrop of the medium to long-term benefit for the club," he said earlier this year. "It's difficult to say specifically on certain players, but I can say that, if we're going to get to where we want to get to, at times it is necessary to trade your players."

Newcastle have been approached for comment.