“Liverpool are a very successful club commercially and financially so there’s nothing to worry about, but clearly, as with all these teams, there’s a limit. You can’t just keep spending forever.”
Want more Empire of the Kop coverage? Add us as apreferred source on Google to your favourites list for news you can trust
How much are Liverpool likely to spend this summer?
The Reds have already invested nearly £100m in two players to join the squad ahead of next season, having sealed a £60m deal for summer arrival Jeremy Jacquet at the beginning of February and then snapped up Victor Munoz for just under £35m in recent days.
We fully expect further incomings at Anfield between now and the end of August, with another £100m or so potentially being put towards securing Yan Diomande’s signature from RB Leipzig, if the Merseysiders can fend off stern competition from Paris Saint-Germain.
Qualifying for the Champions League, along with freeing up around £700,000 per week’s worth of wages from the exits of Salah, Andy Robertson and Ibrahima Konate, strengthens Liverpool’s financial muscle, and player sales later in the summer could also top up the transfer kitty.
The big question for FSG is whether they pay a premium for elite signings who could instantly have a transformative effect on the starting XI, or spread their resources more economically to (insofar as possible) ensure that there’s adequate depth in every part of the squad.
We wouldn’t be surprised if, when all is said and done, the Reds have invested another £250m or more on new arrivals this summer. Obviously the hierarchy will have a ceiling on how high they’re willing to go for each specific transfer target, but it’s crucial that they back Andoni Iraola in the market and give him the best possible chance of success in 2026/27.