Belgian transfer insider Sacha Tavolieri broke the news, reporting that the German champions are not ruling out a move for the 25-year-old England international. Gordon is understood to be open to the idea, reportedly inspired by the path Michael Olise took from the Premier League to Bavaria.
Newcastle are currently resistant to selling. Gordon is their top scorer and one of the most versatile attackers in the division — equally dangerous on the left wing or as a centre-forward, combining pace, technique and an intense work rate that suits Vincent Kompany's high-energy system at the Allianz Arena.
The financial equation complicates matters significantly. Newcastle are reportedly demanding in the region of €90-100 million for Gordon, while Bayern's available summer budget is said to be around €80 million. A gap of that size is not easily bridged, even for the German record champions.
Newcastle's own situation may soften their position. The club is at risk of missing European competition entirely this season, which would put pressure on the board to generate transfer revenue. Gordon, contracted until 2030, is their most saleable asset at the right price.
Bayern are not alone. Arsenal have scouted Gordon extensively and are reportedly prepared to spend up to €92 million. Liverpool view him as a strong candidate to succeed Mohamed Salah. Manchester United have also maintained a watching brief.
Gordon has 17 caps for England and is expected to be part of Thomas Tuchel's World Cup squad this summer. A standout tournament on home soil could push his value even higher — and accelerate a decision that all parties will be watching closely.