Newcastle were said to be considering a swap deal with the Cherries ahead of the summer transfer window, which would have seen Matt Ritchie returning to the south coast, in a player plus cash deal for the Scottish winger.
But Liverpool’s alleged interest would end any slim hopes Newcastle fans had, of seeing the player who lined up against them on Saturday, playing at St James’ Park on a regular basis.
Jurgen Klopp has further leverage for any deal, with them able to use Harry Wilson – currently on loan at Bournemouth – as a makeweight, with a permanent switch being possible.
Newcastle do need to bring in a winger in January, and although talk of a move for Fraser faded since the early summer, someone of his standard and potential is exactly the type of signing we need.
Newcastle will need to look elsewhere for a winger
There are, of course, other options for Steve Bruce to lure to Tyneside, with Jarrod Bowen continually linked.
If Liverpool’s interest is genuine, the timing is a little strange, with Fraser not able to replicate his form from last season, that had Arsenal heavily linked with a move for him.
Newcastle may have had something of an upturn in form, which has left them just two points behind fifth place in the Premier League, but they are a long way from being in any position to compete with clubs like Liverpool and Arsenal for players.
The only advantage Bruce could have over teams like that, is the genuine offer of almost guaranteed first-team football. With that ominous Liverpool front three, it is difficult to see where Fraser would fit in on a weekly basis.
That will, unfortunately, not be enough to tempt a player to pick Tyneside over Merseyside, however, but Newcastle must continue to be ambitious in their targets for the next transfer window, and any after that.