Barcelona
Why Barcelona Picked Anthony Gordon: The Financial and Sporting Calculation
Gordon’s signing reflects Barcelona’s financial planning and longer-term potential for 2025/26 now.
Barcelona moved quickly once La Liga wrapped for 2025–26, reaching an agreement with Newcastle United to sign Anthony Gordon. The transfer has immediate consequences for Marcus Rashford, who spent 2025–26 on loan at Barcelona and had been hoping the club would exercise a buy option that was priced below market value.
There has been long-standing hesitance at Barcelona about committing to Rashford permanently. The club instead spent more than double that option on Gordon. Part of the rationale is accounting: amortization spreads the cost of a transfer fee and a player’s salary across the length of a contract, reducing the club’s annual burden.
Barcelona could have spent just $35 million to sign Rashford on a permanent basis, but a higher annual salary and a shorter contract would not necessarily have been materially cheaper overall. The Gordon deal will pay Gordon slightly less than Rashford is believed to have been on during the loan and also spreads the transfer fee over two years more. Rashford was reportedly hoping Barcelona would offer him a five-year contract on less money instead, if it meant lowering the annual expense so he could stay.
Sporting factors also played a part. Gordon, Liverpool-born, produced 12 goal involvements in 12 Champions League appearances this season, compared with eight in 26 Premier League matches. He also scored against Barcelona in the league phase, one of three appearances against the club he will now join. At more than three years younger than Rashford, Gordon offers room to improve and a potential resale in three or four years. By contrast, the draft argues, an investment in Rashford now could be almost completely lost by 2029, with the forward approaching 29.
Barcelona have not formally ruled out signing Rashford and the player is reported to be holding on to hope. One anonymous club official told The Athletic that a deal is now “more complicated” than it was before Gordon happened.
Barcelona
Rashford accepts World Cup focus as his club future remains unsettled
Rashford is focused on the World Cup as his club future with United and Barcelona remains uncertain.
Marcus Rashford has acknowledged frustration that the next step in his club career is unresolved, but he has been clear about his priorities while England remain at the World Cup. The Catalans opted for a pricier move for Anthony Gordon instead, which left Rashford to return to Manchester United for now. It remains unknown where he will play next season, though he is expected back in Manchester for preseason once England’s World Cup campaign and a mandatory three-week break are over.
“I live in the moment. I was very clear with everyone involved before the World Cup: I wanted it to be resolved before,” Rashford told reporters ahead of England’s next match against Mexico. “If it wasn’t, I wouldn’t deal with it until later. I want to be fully present in this moment [at the World Cup]. We are fighting for something very special, I don’t have the energy to dedicate to [thinking about club uncertainty].”
The Manchester United chapter is not closed. New manager Michael Carrick is not ruling out reintegration and the club is now very different to when the player fell abruptly out of favor with previous boss Ruben Amorim. Team-mate Harry Maguire says colleagues would welcome him back provided he wants to return.
Manchester United need reinforcements on the left side of attack and assigning Rashford that role could free funds for central midfield, where the club may require additional signings. From a United perspective a permanent sale would be preferable to another loan.
Rashford’s profile suits several clubs. In the Premier League, Aston Villa and Newcastle United are mentioned as fits. Abroad, Bayern Munich or Paris Saint-Germain could be options if he accepts a role similar to his time at Barcelona, usually the first point of cover across the frontline.
Barcelona allowed a $34.33 million (£25.7 million) exclusive transfer clause to expire and could return later, apparently seeking $53.4 million (£40 million) in line with an apparent release clause. Last season Rashford produced 28 goals and assists in 49 appearances for Barcelona, a form that earned him an England recall and World Cup selection. He came off the bench to replace Gordon against Croatia and scored, then started against Panama and retained his place for the DR Congo match.
Atlético Madrid
Alvarez goes public and forces a delicate transfer standoff between Atlético and Barcelona
Alvarez has made his preference for Barcelona clear, creating a tense transfer standoff for Atletico
Julián Alvarez’s public declaration that a move would be “the best thing for everyone” has shifted a private matter into a visible transfer battle between Atlético Madrid and Barcelona. His comments at the World Cup have given Barcelona leverage while leaving Atlético facing pressure and anger.
Alvarez acknowledged his wishes in strong terms: “The best thing for everyone is a transfer. I want to fulfil my dream.
“It’s not the time to talk about this, but I can’t hide either,” he added. “I try to be an honest person. I spoke with people at Atlético Madrid, and I think a transfer is best for everyone.”
Reports from AS suggest Barcelona anticipated Alvarez going public and view the statement as a welcome development that increases pressure on Atlético to negotiate. ESPN says Atlético are “furious” and “blame” Barcelona; the club could even consider legal action.
There are familiar echoes in the reporting of the 2019 situation surrounding Antoine Griezmann, when dispute arose over which release clause applied. For now Atlético insist they will not sell unless a club meets the €500 million release clause in Alvarez’s contract. The clause is mandatory in Spain and intentionally prohibitive, more than double the transfer world record of €222 million set in 2017 for Neymar.
AS writes that Barcelona are “confident that Atlético will eventually agree to open negotiations.” Fabrizio Romano adds that Alvarez has rebuffed interest from PSG and Arsenal, making clear that Barcelona is his destination. Romano also reports the player’s relationship with Atlético manager Diego Simeone is “almost zero” because they simply don’t gel; there has been “no fighting” but Alvarez appears to see no continuation.
Inside Barcelona the stance has been noted on social media, with Fermín López and Gavi among those reacting positively to coverage. With the Spanish transfer window closing at 10:59 p.m. on Thursday, Sept. 1, this is likely to become a waiting game that could run to the deadline.
Barcelona
Rashford’s return plan and five realistic suitors for his $52.9m release clause
United expect Marcus Rashford back for pre-season post-World Cup; $52.9m clause invites suitors now.
Manchester United expect Marcus Rashford to rejoin preseason after the 2026 World Cup, with the club’s position only changing if a permanent move is agreed before then. The 28-year-old came off the bench for England against Croatia and scored, his second international goal in almost three years after also netting in September’s win over Serbia.
Rashford remains a United player under contract until 2028 and “fully welcome back.” He was included alongside Bruno Fernandes in a daily World Cup roundup on the club’s website the morning after his England display. BBC Sport reports the player is expected to report for preseason at Carrington once his mandatory post-World Cup, three-week holiday is over. That plan will only change should a move be arranged before that time.
A season at Barcelona in 2025–26 served as a reset after a difficult 2024 at United. He registered 28 goals and assists for Barcelona and made almost 50 appearances across all competitions. Barcelona did not exercise their option to buy because it made more financial sense to sign Anthony Gordon instead.
Reports this week outlined a $52.9 million (£40 million) release clause, triggerable by any clubs other than Manchester City or Liverpool. That figure is almost twice the option Barcelona passed in the region of $35 million (£26 million) and positions Rashford attractively on the market.
Five clubs stand out in the reporting as plausible suitors. Aston Villa could make sense: Rashford valued his loan at Villa Park under Unai Emery, Villa return to Champions League football for 2026–27 and they have a clear vacancy on the left following Jadon Sancho’s exit. Newcastle could also be interested after a season hampered by Champions League demands and the sale of Anthony Gordon. Napoli are named as a possible destination after helping other former United players rebuild and with question marks over Romelu Lukaku. Paris Saint-Germain represent another option given their rotation in pursuit of a Champions League triple and links around Bradley Barcola. Bayern Munich remain a long-term example of a club that can reinvigorate a player’s career.
If Rashford wants to remain at United, that is possible; if he seeks a permanent exit, the release clause creates a clear pathway for interested clubs.
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