Arsenal is reportedly eyeing a move for Newcastle United's talented winger, Anthony Gordon, amid ongoing speculation about the player's future at St James' Park. The 23-year-old has been a focal point of transfer rumors for several months, especially with whispers of a possible return to his former club, Liverpool.

Liverpool was previously interested in bringing Gordon back to Anfield, even proposing a player swap involving Joe Gomez to sweeten the deal. However, negotiations stalled, leaving the transfer window shut without any official movement from either side.

Despite a summer filled with speculation, Gordon has started the current Premier League season slowly, managing just one goal in his first five appearances. However, he showcased his potential during Newcastle's recent 1-1 draw against reigning champions Manchester City, where he played a pivotal role in earning a point.

As of now, Gordon's contract with the Magpies has two years remaining, yet Newcastle are keen to secure his long-term future. Reports suggest that the club is in advanced talks to extend his deal, which could potentially make him their highest-paid player.

While Newcastle seems poised to finalize this agreement, with discussions reportedly intensifying, Arsenal remains vigilant. The Gunners are lurking, ready to capitalize should negotiations falter.

Gordon recently received a call-up to England's Euro 2024 squad, although he saw limited action, playing just one minute during the tournament. His aspiration to join Liverpool was said to have impacted his Euro appearances, raising eyebrows over his commitment during the competition.

A deal to send Gordon to Liverpool was projected to exceed £100 million, an investment that seemed justifiable given the dazzling form of current star Luis Diaz. Diaz is also expected to negotiate a new deal soon, further complicating Gordon's potential move.

In addition to the attention on Gordon, Newcastle boasts other key talents like midfielder Bruno Guimaraes and striker Alexander Isak, both of whom have been linked to Arsenal in the past. However, Newcastle's hefty price tags made moves for them last summer financially unfeasible.

Although Arsenal successfully secured Mikel Merino to bolster their midfield this season, the contracts of Jorginho and Thomas Partey expiring in 2025 may prompt Arsenal to revisit their interest in Guimaraes in the near future. Will Gordon stay with Newcastle, or could he find himself donning the Arsenal jersey next season? Only time will tell!