Liverpool owners FSG explain huge transfer overhaul after Arne Slot speaks out

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Liverpool FC owners Tom Werner, Mike Gordon and John W Henry pose with the Premier League trophy.

Liverpool chairman Tom Werner has opened up on some the reasons behind Fenway Sports Group sanctioning a record-breaking squad rebuild at Anfield this summer.

Arne Slot's side spent £450million in total, while bringing in Alexander Isak for a British-record transfer fee of £125million.

The Reds also splashed cash elsewhere with £116m spent on Florian Wirtz, £29m on Jeremie Frimpong, £79m on Hugo Ekitike, £40m on Milos Kerkez, £26million on Giovanni Leoni, while last summer's agreement to sign Giorgi Mamardashvili for £29m also went through.

Werner was quick to point out that Liverpool recouped more than half of their summer spend, before explaining the reasons why they felt the need to spend big and try to retain the Premier League title.

READ MORE:Diego Simeone reveals what he said to Arne Slot after row with Liverpool fan and red cardREAD MORE:Steven Gerrard 'will be interested' in Wrexham job as new Phil Parkinson verdict delivered

"The fact of the matter is it's going to be very difficult," he told the It's Called Soccer podcast.

You need to bring in a new energy and new ideas."

Marc Guehi watched his Liverpool deal fall through at the last minute.(Image: Malcolm Couzens/Getty Images)

Liverpool could have increased their summer spending spree further, had the deadline day move for Marc Guehi not broken down with Crystal Palace unable to find a replacement.

You went cloudy on me there!"

Arne Slot has defended Liverpool's summer spend(Image: Nikki Dyer/Getty Images)

The Liverpool chairman's defence of the their summer transfer spending spree comes just a few days after Reds' boss, Slot, came out fighting during his pre-match press conference ahead of their clash with Atletico Madrid on Wednesday.

I think it is only a compliment that people tell everybody we have spent so much because that tells you the players we brought in are seen as very good players.

"I think that we did great business; we brought in great players and to add to that, we have already lowered the age of the players.

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