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Liverpool will pay a guaranteed £100 million ($135 million) as well as a possible further £16 million ($22 million) in add-ons for Florian Wirtz.
The deal makes him Liverpool's most expensive signing of all time ahead of Virgil van Dijk, and if the add-ons clauses are all met, he will potentially become a British record signing.
He's expected to sign a five-year deal on Merseyside.
The British transfer record currently stands at £107 million ($145 million), which Chelsea paid for Enzo Fernandez in 2023.
However, Chelsea's deal for Moises Caicedo, which was also agreed in 2023, could reach £115 million ($156 million) if all of the add-on clauses in that deal are met.
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The Caicedo deal would be marginally surpassed by Liverpool's deal for Wirtz if the German ended up costing the full amount
In total, he could cost £116 million ($157 million) — a fee the Reds would be happy to pay, given that would mean he would have contributed to major on-field success.
Wirtz has emerged as one of the best young attacking players in the world in recent years, playing a key role in Leverkusen's remarkable 2023-24 campaign, when the club won the Bundesliga and DfB Pokal, and reached the Europa League final
Liverpool has gained plaudits for its shrewd signings in the transfer market over the last decade or so, and while there will be a tendency from some to think that signing a player for a possible $157 million represents a departure from a tried-and-tested strategy, that is not believed to be the case.
While the fee is eye-watering, Liverpool views Wirtz as a long-term investment in the same way that the club viewed Alisson and Virgil van Dijk when it spent huge sums on those two players in 2018.
Alisson and Van Dijk have been crucial during a fruitful period for Liverpool, and the club is hopeful that Wirtz will have a similar impact to those two club legends.
Liverpool's lack of activity during the 2024 summer and 2025 winter transfer windows gave the club the wiggle room to be able to spend big on Wirtz.
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