CaughtOffside reports that Newcastle United could approach Liverpool for Cody Gakpo as one of three alternative options after failing to sign Victor Muñoz.

TEAMtalk's transfer insider, Graeme Bailey, reported that Liverpool could sell Cody Gakpo, stating the club was open to his departure but not actively trying to sell him. According to SoccerNews, Gakpo wishes to leave Liverpool, and sources informed TEAMtalk that potential destinations include Newcastle United, Bayern Munich, and Tottenham Hotspur. Fabrizio Romano has stated that the club could sell the winger if a good offer were to be made, and in June 2026, reports indicated Liverpool set a minimum asking price of €45 million.