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Liverpool make €115m offer for Arsenal target

L’Equipe reports Liverpool have lodged a nine-figure bid for the PSG winger, with Arsenal’s hopes hanging on what happens next.

EAST RUTHERFORD, NEW JERSEY - JUNE 16: Bradley Barcola #12 of France celebrates scoring his team's second goal during the FIFA World Cup 2026 Group I match between France and Senegal at New York New Jersey Stadium on June 16, 2026 in East Rutherford, New Jersey. (Photo by Dan Mullan/Getty Images)
Photo by Dan Mullan/Getty Images

Arsenal are reportedly continuing to monitor Bradley Barcola, but Liverpool have moved first with a fresh attempt to prise the winger away from Paris Saint-Germain.

According to L’Equipe, Liverpool have submitted a bid worth an estimated €115 million for the France international as they step up their efforts to complete one of the biggest transfers of the summer.

The French newspaper reports that the proposal is expected to be rejected, but says it represents a significant shift in negotiations after several days of discussions between the clubs.

L’Equipe writes: “After several days of discussions, the Reds decided to move into a more concrete phase by sending a proposal estimated at €115 million to Paris-Saint-Germain for the French international. It should be refused, but is not trivial.”

Liv­er­pool advance for Bar­cola After sev­eral days of dis­cus­sions, the Reds decided to move into a more con­crete phase by send­ing a pro­posal estim­ated at € 115 mil­lion to Paris-Saint-Ger­main for the French inter­na­tional. It should be refused, but is not trivial. Brad­ley Bar­cola had faced Vir­gil Van Dijk's Reds on April 14, in the second leg of the Cham­pi­ons League quarter-finals, at Anfield. Will the Parisian put on the fam­ous red tunic? L'Equipe LOÏC TANZI 8 Aug 2026 The out­come of the nego­ti­ations between PSG and Liv­er­pool for the trans­fer of Brad­ley Bar­cola is still far away. But, with just over three weeks to go until the trans­fer mar­ket closes, the Reds have decided to speed things up. Accord­ing to Eng­lish sources, the man­agers of the Premier League club must send an estim­ated offer of € 115 mil­lion for the French inter­na­tional (28 caps, 6 goals). The details of the pro­posal, in par­tic­u­lar its fixed and vari­able share, the vari­ous bonuses as well as the per­cent­age on a pos­sible resale, are not yet known. This offer must however allow Liv­er­pool to enter a more con­crete phase of its strategy to recruit the 23-year-old winger. PSG could open the door In Eng­land, however, there are few illu­sions about the expec­ted response of the Paris-SG. It should be neg­at­ive. In this case, the Parisian man­age­ment now claims that it could accept an offer of more than € 150 mil­lion, exclud­ing bonuses, after hav­ing long assured that Bar­cola was not trans­fer­able. The decision of the former OL player not to extend a con­tract that expires in June 2028 pushed the Parisian man­agers to open the door to a depar­ture. More gen­er­ally, the pres­id­ent Nas­ser al-Khelaifi, the adviser of QSI Luis Cam­pos and espe­cially the coach Luis Enrique repeat since the begin­ning of their joint project that no player will be retained against his will. Even well below the require­ments of the double European cham­pi­ons, the Eng­lish pro­posal con­sti­tutes a mes­sage addressed to PSG and the player. At the club, first of all, because it demon­strates that the desire to recruit the nat­ive of Lyon is very real. Often, on the trans­fer mar­ket, man­dated agents – that is to say com­mis­sioned by a club to lead the nego­ti­ations – assure the selling clubs that the will of the buy­ers is very strong. However, no offers arrive, the require­ments being con­sidered too high. Simple dis­cus­sions can also serve as a decoy to hide another, more ser­i­ous lead. A pos­it­ive sig­nal for the player To the player next, for sim­ilar reas­ons. An ele­ment who wishes to join a club as soon as pos­sible may find the time long and end up doubt­ing the inten­tions of his future employer. Already agree­ing on the terms of his con­tract with Liv­er­pool, Bar­cola can thus see in this pro­posal a pos­it­ive sig­nal sent by the Eng­lish man­agers. Des­pite the dif­fer­ence in prices, the dis­cus­sions are con­sidered fluid by all parties. Richard Hughes (Liv­er­pool's sport­ing dir­ector) and Cam­pos are lead­ing the joint dis­cus­sions, in con­junc­tion with Moussa Sis­soko, Bar­cola's rep­res­ent­at­ive. One step higher, Al-Khelaifi, very busy at the moment with the vari­ous FIFA-related mat­ters, has nev­er­the­less recently become involved by speak­ing with his Eng­lish coun­ter­parts. Also a sign of Liv­er­pool's wish, there are no such con­crete nego­ti­ations with another player in Bar­cola's pos­i­tion. The lead­ers of the Reds simply asked their cell to remain act­ive on this pos­i­tion to man­age to be react­ive in case of fail­ure.
L’Equipe 8 August 2026

The report adds that the structure of Liverpool’s offer, including the balance between guaranteed payments and bonuses, has not yet been leaked. However, it marks the clearest indication yet of the Premier League club’s determination to sign the 23-year-old.

Despite that, PSG are not expected to accept the bid.

L’Equipe claims the French champions would only consider selling Barcola for more than €150 million, excluding bonuses, having previously insisted he was not for sale.

That position is said to have softened after Barcola declined to extend his contract, which expires in June 2028.

The report also states that Nasser al-Khelaifi, Luis Campos and Luis Enrique have maintained throughout their project at PSG that no player will be kept against his wishes.

EAST RUTHERFORD, NEW JERSEY - JUNE 16: Bradley Barcola #12 of France celebrates scoring his team's second goal during the FIFA World Cup 2026 Group I match between France and Senegal at New York New Jersey Stadium on June 16, 2026 in East Rutherford, New Jersey. (Photo by Dan Mullan/Getty Images)
Photo by Dan Mullan/Getty Images

Liverpool’s latest proposal is also viewed as a message to the player. Having already reportedly agreed personal terms with the Reds, Barcola is said to have received reassurance that the club’s interest is genuine rather than exploratory.

L’Equipe reports that discussions between the parties remain ‘fluid’, with Richard Hughes and Campos leading negotiations between the clubs alongside Barcola’s representative, Moussa Sissoko, while Al-Khelaifi has also become directly involved in talks with Liverpool.

Arsenal have also been linked with Barcola in recent weeks, but Liverpool are currently the club making the most concrete push.

Whether PSG’s valuation eventually opens the door to a transfer remains to be seen, but for now the French side appear determined to hold out for a significantly higher fee.

EAST RUTHERFORD, NEW JERSEY - JUNE 16: Bradley Barcola #12 of France celebrates scoring his team's second goal during the FIFA World Cup 2026 Group I match between France and Senegal at New York New Jersey Stadium on June 16, 2026 in East Rutherford, New Jersey. (Photo by Dan Mullan/Getty Images)
Photo by Dan Mullan/Getty Images
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