Liverpool to bid £105m for “world-class” Gakpo upgrade

When it became clear that Liverpool would be crowned Premier League in champions Arne Slot‘s first season at the club, well before the title was rubber-stamped and sealed, sporting director Richard Hughes suggested the summer transfer window would be significant.

After all, it was clear that Trent Alexander-Arnold was going to join Real Madrid at the end of his contract, and the likes of Darwin Nunez and Harvey Elliott and Luis Diaz were being linked with a move away. Liverpool needed a left-back.

And Liverpool have welcomed a sweeping array of new talent, shattering financial records as FSG added layers to Slot’s title-winning team.

But you’ll need no telling that the Reds have lost nine of their past 12 matches in 2025/26, thrashed in consecutive appearances at Anfield against Nottingham Forest and PSV Eindhoven.

The balance is all wrong, and the squad has been shorn of confidence. It’s hardly surprising that Hughes is gearing up for a return to the transfer market.

Liverpool’s winter transfer plans

Sky Sports’ Jamie Carragher has been among those advocating for FSG to pull their purses out and sign a centre-back this January. However, Ibrahima Konate’s wretched form has seen Real Madrid cool their interest, and talks are ongoing regarding the France star’s renewal on Merseyside.

The need for an out-and-out winger is more pressing, with Diaz not replaced when sold to Bayern Munich in August.

That’s why Liverpool have set their sights on Bournemouth’s Antoine Semenyowho has been in fine fettle in the Premier League this season and is considered to be a top target on Merseyside, with his £65m release becoming active in January.

However, Hughes has compiled a list of multiple targets, and in Rafael LeaoLiverpool might even have an alternative who would prove a better pick, with stylistic similarities to the Ghana international.

According to Spanish sourcesLiverpool are ready to rekindle their long-standing interest in AC Milan star Leao and place a formal winter offer worth €120m (about £105m).

This would be a significant outlay for Liverpool after their summer of spending, but desperate times call for desperate measures, and Cody Gakpo has not looked convincing on the left wing.

Why Liverpool should sign Rafael Leao

Leao, 26, is among the finest wide forwards in the world.

This season, he has enjoyed a clinical start, scoring five goals and providing one assist across all competitions. In Serie A, he hasn’t been as dynamic as in recent years, although he has been championing Maximiliano Allegri’s simplistic playing style, serving as a clinical outlet in the final third.

At Liverpool, Leao would probably be utilized in a different way, with Slot requiring more width and multi-facetedness on the flank to restore balance to his ailing frontline.

Among the most clinical wingers in Serie A this season, Leao is also maintaining such athleticism and creativity in his play. Gakpo, conversely, has consistently faced criticism for being overly one-dimensional,

It is curious that Gakpo has been a bit more active in dueling situations than Leao, while also running more frequently with the ball. However, this season stands as an outlier for the Portuguese winger, as far as ball-carrying metrics are concerned.

Indeed, as well as being hailed asone of the best left wingers in the world” by analyst Ben Mattinson, Leao has also been described as being “unstoppable” when on the ball by journalist Zach Lowy.

Gakpo might be running a fair bit in the Premier League this season, and his defensive metrics are impressive too, but he’s flattered to deceive in combination with left-back Milos Kerkez, who joined Liverpool from Bournemouth for £40m this summer.

The Dutchman, moreover, ranks among the bottom 39% of attacking midfielders and wingers across Europe’s top five leagues over the past year for take-on success rate.

In and of itself, this is not an egregious tactical sin, but Gakpo’s lack of dynamism has certainly been exposed since Diaz left Liverpool, amplified even more so by the 33-year-old Mohamed Salah‘s deterioration on the alternate wing.

Given that Gakpo has only posted four goals and three assists across 18 matches in all competitions this season too, it’s clear that Liverpool need to make this move – for Leao or Semenyo – and add a dimension to their frontline.

There was a feeling that Liverpool opted against signing a like-for-like Diaz replacement in the summer due to the excitement around Rio Ngumoha, who became one of the youngest scorers in Premier League history when scoring the winner at Newcastle in August, but Slot has since used the 17-year-old sparingly.

Also dubbed “world-class” by Mattinson, Leao’s fleet-footed and ferocious style of play is exactly what Liverpool need going forward. He fits the same mold that has been sculpted for Semenyo by the powers that be at FSG.

It’s clear that Leao, in his finest form, would nail down a starting berth at Anfield, and Hughes must now make it happen.

Related

Better than Isak: Liverpool join race for “one of the best RWs in the world”

Arne Slot’s Liverpool tenure is crumbling before him, and FSG are considering changes.