The word gospel is literally translated good news. The Gospel is not a what but rather a who.  It is God Himself, revealed in Jesus' person and work. The Gospel has three parts to its plot and structure:

1. Planned by God the Father (Ephesians 1:9-10)
2. Purchased by God the Son (Ephesians  1:7)
3. Preserved by God the Spirit (Ephesians 1:13)

The Bible says our world is being held hostage by sin, death, and evil (Ephesians 2:1-3). But thankfully, God the Father has a plan for you (Ephesians 1:4; 1 Peter 1:20). The crux of this plan is to pay the required ransom (1 Peter 1:18-19) so you can be free.  To accomplish this,  God the Son (Jesus) offers Himself as the ransom, and has effectively purchased our freedom. Three days after His death, Jesus was literally resurrected. This guarantees He is who He said He was and that His death accomplishes what He said it would:  victory over sin, Satan, hell, and death. What does this mean for us? It means there is no condemnation for those who believe, but only everlasting joy and flourishing (Romans 8:1). Lastly, all of this is preserved for us eternally by God the Spirit (The Holy Spirit). In this life, the Spirit convicts, guides, and strengthens us to live new lives (Romans 8:9-11). We use these new lives for the sake of others (Matthew 28:18-20) until Jesus returns to claim what He purchased and make all things new (Hebrews 9:28; Revelation 21:4).

All this is to say that God loves you, has a plan for you, is pursuing you, and desires a renewed and right relationship with you. That’s the gospel.