According to the latest reports from journalists Ben Jacobs and Alex Crook, Bayern and Newcastle have a significant disagreement on Gordon's valuation, but all parties are currently optimistic about reaching an agreement.
It is reported that Gordon and Bayern have reached a preliminary agreement on personal terms; however, Bayern and Newcastle still have a significant disagreement on the player's valuation, and negotiations between the clubs are ongoing.
Newcastle is seeking a transfer fee of over £75 million, and given Bayern's strong interest in Gordon, there is optimism that the club's valuation can be met.