What the fee means for Liverpool's summer budget

Liverpool are willing to let Harvey Elliott leave for around 30-35 million euros as AC Milan circle the attacking winger, with negotiations potentially beginning soon. According to Caughtoffside, the Rossoneri value the 2003-born England international at 20-25 million euros, creating a gap that could define the summer transfer landscape at Anfield.

Where he fits in the current squad

Elliott returned to Liverpool after a season on loan at Aston Villa, where he played a bit-part role, making nine appearances for a total of 277 minutes and scoring just one goal. The 20-year-old attacking midfielder has made 147 appearances for Liverpool since joining from Fulham in 2019, establishing himself as a product of the academy with Premier League experience. Iraola left him out of the trip to Newcastle for transfer-market reasons, signalling the player is not in the plans and will leave Anfield this summer.

What the fee means for the summer budget

Liverpool's valuation places Elliott as a saleable asset to balance the books, with the club's contract situation expiring on 30 June 2027. The 20-year-old's future remains uncertain as Milan's interest could provide a solution to fringe minutes at Anfield, where competition for places remains fierce despite the player's clear talent.

Long-term implications for the player

Elliott's development has been hampered by a serious knee injury and limited first-team opportunities at Anfield, with the youngster struggling to make his mark despite being named the best player at the Under-21 European Championship in 2025. A move to Milan could provide regular football away from the intense competition at Liverpool, where the player has made 147 appearances without establishing a consistent starting spot.

Liverpool's transfer strategy this summer

The potential departure of Elliott reflects Liverpool's broader summer strategy of balancing squad refreshment with financial fair play considerations, with the player's exit potentially funding new arrivals. Liverpool named their price as Milan circle, but no contact has yet been made between the two clubs to try to reach an agreement, leaving the situation finely poised for the weeks ahead.

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According to Caughtoffside reports, Liverpool are willing to let him go for around €30-35 million, while Milan value him at €20-25 million. The two clubs have not yet made contact to try to reach an agreement, but negotiations could begin soon.

Elliott has returned to Liverpool after a season on loan at Aston Villa, where he played a bit-part role, making nine appearances for a total of 277 minutes and scoring just one goal.

Elliott has made 147 appearances for Liverpool since joining from Fulham in 2019.

His contract with the Reds expires next year, on 30 June 2027.