Why Liverpool can spend as much on the transfer window

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By: Nicolas Gerbault

John Textor is not a fan of the DNCG, but in a sense, she has rules that are sometimes less restrictive than profit and Sustainability Rules (PSR) who governs English clubs. This financial fairness specific to the Premier League is based on a simple rule: € 120 million in losses authorized on a 3-year cycle. The deficit is authorized, in acceptable proportions and they can be spread over several years. A bit like counting points to the UEFA index.

This is why, after having already spent more than € 300 million on this summer transfer window, Liverpool is capable of breaking the transfer record in England if they ever aligned 150 million € on Alexander Isak, from Newcastle. The Reds had taken the temperature on this file a week ago, before the player displays his will with his leaders. The proof that Liverpool knows itself capable of aligning such an amount by remaining in the nails. And even to be able to consider after that an offer for Rodrygo of Real Madrid.

The good financial health of the Mersey club is clearly recognized across the Channel. Sometimes pointed out by supporters for its reluctance to spend, Fenway Sports Group has led a rigorous and lasting management. The turnover amounted to 614 million pounds sterling during their last accounts. This is not enough of course, you have to look at the last Mercatos made by the Reds to realize the size of the current margin.

No recent follies

Last summer, only Federico Chiesa was recruited against € 12 million (the Mamardashvili goalkeeper was also recruited and then loaned in the process) while the club had collected € 50 million in the direction of departures. Other major players were recruited before prices explode definitively (such as Mohamed Salah or Luis Diaz), and before Wirtz, Liverpool had never crossed the € 100 million mark. This summer, already 4 players were sold, for a total of € 60 million. The four transferred players were either players from the training center, which represents a net profit under the PSR diet, or resales with high margin. And are still announced on the departure of the elements like Luis Diaz, Darwin Nuñez and Harvey Elliott, whose cumulative sum could exceed € 150 million.

According to Sky SportsLiverpool could spend a total of € 575 million this summer without being worried by the PSR. While in a recent past, clubs like Everton or Nottingham Forest have been penalized by withdrawals of points for breach of this regulation, or that Newcastle had to be limited to the transfer market despite an almost unlimited budget. Commercial income that rises, markets that are not very expensive (by counting sales) and this is how Liverpool sets fire to this transfer window. Why could another question now be. Crowned champion of England, Liverpool did not want to sleep on his laurels and could see that all his competitors were reinforcing this summer …