​Liverpool’s summer is shaping up as much a rebuild as a clean-out, with new head coach Andoni Iraola stepping into a squad that underperformed markedly last season. There are clear decisions to be made across the pitch, and one of the most notable potential moves centers on Cody Gakpo, whose name has emerged in Tottenham’s transfer chatter.
Fabrizio Romano highlighted on his YouTube channel that Spurs are actively evaluating winger targets and that Gakpo remains firmly on Tottenham’s radar in north London. Romano reminded viewers, “Don’t forget what I told you recently, Savinho is a top target for Tottenham,” before adding that “they have another player that they really appreciate, which is Cody Gakpo from Liverpool. But in this case it will depend on what happens at Liverpool because, at the moment, doors for an exit are not open.” He also noted that Tottenham continue to consider Savinho and Cody Gakpo after reshaping their midfield with Mateus Fernandes and Sandro Tonali. This scenario makes sense from both ends: Tottenham want more pace and output from wide areas, and Gakpo still holds a reputation that extends beyond a single poor season. On Liverpool’s side, the club is attempting to recalibrate its attack after significant changes, meaning non-essential assets are up for discussion.
Gakpo’s 2025-26 campaign was not good. Whether his role was appropriate or not, the end product and overall influence fell short of the level required for a team trying to claw back into the Champions League places. It’s not unusual for a good player to have a bad year, but the crucial question for Liverpool is whether this downturn is a temporary dip or a warning sign. At 27, Gakpo should be approaching his prime, not entering a phase of decline. If Liverpool receive a serious bid—rumours have placed it around £60 million—the club will need to assess it pragmatically, without sentiment. Selling low isn’t the goal, but rather acknowledging market timing. If another inconsistent season follows, the fee could fall, complicating the decision further.
From a squad-building perspective, Liverpool are already planning to refresh the forward line, and replacing Mohamed Salah’s output is not a challenge that a single player can solve. While Victor Munoz could prove a useful addition and Rio Ngumoha is highly regarded, neither should be expected to shoulder a senior attacking burden alone. If Iraola and the recruitment team believe Gakpo remains movable, selling him for the right price could help fund a more suitable upgrade.
This is how a proper rebuild looks: imperfect, purposeful, and devoid of sentiment. Liverpool finished fifth because too many players drifted through a season without imposing themselves, and Gakpo was among several who underdelivered. He was not the sole problem, but he wasn’t integral to the solution either. What matters now is internal conviction. If Iraola sees a role for Gakpo and believes a better structure can restore his form, Liverpool should retain him. If, however, the plan requires a different profile up front and in wide positions, then moving him at the right price could unlock the funds for a more fitting acquisition. In the end, the decision will reflect a measured balance between current value, future potential, and the realistic needs of a squad in transition.