Liverpool may have already splashed out £150 million ($201 million) on Florian Wirtz and Jeremie Frimpong, with Milos Kerkez set to add another £45 million ($60 million) to the bill when he joins from Bournemouth in the next few days.
But the Premier League champion is still in a position to spend as it aims to provide Arne Slot with a squad capable of defending its title.
Liverpool's frugality last summer has certainly been beneficial. In the era of PSR and amortisation, the Reds have effectively offset the immediate cost of their dealings with Bayer Leverkusen by offloading Trent Alexander-Arnold to Real Madrid, Caoimhin Kelleher to Brentford, and Jarell Quansah to Leverkusen (still to be completed) for a combined £61.5 million ($82.6 million).
This year's accounts will reflect that full amount, while the £100 million ($134.3 million) initial fee for Wirtz, excluding performance-related add-ons, will be spread over the five years of his contract.
The same goes for Frimpong's £29.5 million ($39.6 million) price tag. A similar arrangement will apply to Hungarian full-back Kerkez.
In layman's terms, this allows the Reds to continue their spending spree.
Jeremie Frimpong has also joined the Reds
Jeremie Frimpong has also joined the Reds (Image: Getty Images)
Once the deal for Kerkez is finalized, Liverpool is expected to turn its attention to bolstering its center-back department, with rumors of a bid being prepared for Crystal Palace and England star Marc Guehi.
Palace is under no financial pressure to part ways with Guehi, who has previously attracted interest from Newcastle United and his former club, Chelsea.
However, there's a chance he could depart Selhurst Park for free next summer, with the captain seeming unlikely to pen a new deal for the FA Cup winner.
Palace is still in limbo, waiting to see if UEFA will allow it to participate in next season's Europa League.
Meanwhile, Darwin Nunez is expected to part ways with Liverpool after failing to make his mark during two seasons at the club. Atletico Madrid is among those rumored to be interested in the Uruguay No. 9, although it already has Julian Alvarez, and a deal might exceed its financial capabilities.
Harvey Elliott has also been mentioned as another potential departure should a substantial offer come in.
Regardless, Liverpool remains in a comfortable position regarding PSR, thanks to its recent departures and shrewd business dealings.
The Reds have capitalized on their self-sustaining model, intelligent sales, and a quiet year that still culminated in their second Premier League title victory.