Two years left on his deal at Dortmund. This summer is the maximum price Dortmund will extract. The clubs who will pay what Dortmund want would probably be Real Madrid, Man Utd, Man City, PSG and Chelsea.
If there’s any substance in what is being reported, Bellingham is not interested in Man City, PSG or Chelsea. Summary: they are plastic.
So of the monied and storied clubs it looks like Real Madrid, or Man Utd. Real Madrid possibly sell Tchouameni to subsidize the deal, and Man Utd usually spend money anyway, and if they have new owners - third round of bidding now with Ineos and Qatar? - then surely the new owner will want to make a statement, too.
So it’s all down to the player.
House analogies are all fine, to a point, but the house has no say in who buys it! That’s where the analogy breaks down, as Bellingham very much has a say.
So my take is this summer Dortmund can get the price they want, and Bellingham can go a storied club like Real Madrid or Man Utd.
BUT…
If Bellingham prefers us, and we can’t quite get to the price, then either Dortmund accept less, or, more likely, keep him for one more year before he comes here.
We strengthen this summer and hopefully get back into the CL for 2024. Bellingham enjoys another year competing at the top end of the Bundesliga, and in the CL. Dortmund enjoy a special player for another year. Then Bellingham moves to Liverpool with a year left on his deal, for something like the fee we just offered for him. £85M or so.
Real Madrid or Man Utd this summer.
Or Liverpool in summer 2024, if he has eyes for us.
Edit: And in the meantime, buy Ugarte and Kone. Someone to plug the gaps and protect the defence, and someone who is a top athlete and can do a bit of everything, not that dissimilar to Bellingham, but at a slightly lower level, but still very good.