Speaking on the Red Agenda Podcast, Athletic journalist James Pearce has shared what he’s heard about Liverpool’s summer transfer budget.
With the pandemic wreaking havoc on finances for football clubs across the world, Liverpool have posted a big loss, and as you can imagine, that has led to speculation about how much they can spend this summer.
However the Reds have had a recent boost with RedBird Capital investing a significant amount into FSG, which should, according to Pearce, allow Liverpool to operate as they usually would.
“It’s certainly not as basic as saying, Liverpool need to sell to buy. From what I’m told there will be money there for Klopp to invest in the summer, but it’s not going to be a crazy amount of money invested,” Pearce said.
“The feedback I had from the RedBird investment, which of course people look at the numbers and think a £500m investment into FSG could lead to an Mbappe or Haaland type signing and a massive war chest for Klopp.
“I was told that it’s certainly not that, but what this investment will do is allow Liverpool to absorb the impact of the pandemic. So where they would’ve needed to cut back to deal with what they now believe to be around a £120m dip in revenue, this will allow them to operate as they normally do, which means there’ll be a set amount of money aside that can be invested, and that will be swelled by what can be invested into sales.”
It seems as though there aren’t massive sums available for Klopp to spend, but things won’t be scaled back either.
The Reds may be able to make a few signings this summer, and while they don’t currently have the funds for an Mbappe or a Haaland, don’t rule those moves out just yet.
Indeed, as Pearce says, their transfer kitty can be swelled by player sales, and with Mohamed Salah being continuously linked with a move away, Liverpool could receive a hefty windfall in the summer.
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