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The fact that Liverpool were crowned Premier League champions and were squeezed out of the Champions League by the eventual winners of the competition maybe vindicates that.

But it’s all about who comes in now, and what Liverpool have in terms of financial power, and also those players that they could sell on to aid moves for others.

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Others, of course, includes arguably European football’s hottest talent in 22-year-old Florian Wirtz.



Whether there is a compromise to be had in terms of a fee or potential player swap remains to be seen, but sums of around the £50m mark would appear more likely for Liverpool to pursue such options.

There is the very real possibility that Liverpool could end up spending close on £250m this summer, and that may even increase should there also be a defensive addition thrown into the mix, with that likely dependent on what happens with the ongoing contract negotiations with Ibrahima Konate to extend his Reds stay.

Financially, there are few in the Premier League better placed than Liverpool right now to put some money to work in the transfer market from a position of strength.

The Reds have no concerns when it comes to the Premier League’s profit and sustainability rules (PSR) or UEFA’s financial cost control rules which are assessed through a squad cost ratio.

That represents pure profit for the Reds as he is an academy graduate who holds no book value.

Then there is the potential for a Harvey Elliott exit (£40m with extremely limited book value), Kostas Tsimikas (£15m with limited book value), and Jarell Quansah (£40m no book value).

Then there is Nunez, who would likely command around £45m to £50m after a difficult time at Anfield, having cost £64m plus add-ons back in the summer of 2022 when he arrived from Benfica.

Nunez’s book value, which is based on the guaranteed sum, with add-ons featured in the accounts as exceptional items, will stand at around £26m, meaning that the Reds would need to clear that to make any profit on the deal.

Say they sold him for £50m then that is a £24m profit and removes £12.8m off the amortisation costs for the next two years, which is the length of time he has left on his deal at the club.

Elliott, who arrived for £4m in compensation in 2021, would represent near enough pure profit for the Reds due to his limited book value, while Tsimikas has around £2m left on his book value, so over and above that would represent profit, potentially some £13m.

Whether Quansah is allowed to leave remains to be seen, but with some interest reported in the 22-year-old, say a sum of £40m arrived then that would be pure profit.

There is the potential there, with those exits and the £10m for Alexander-Arnold, for Liverpool to make a £143m sum, and that is money that can be accounted for straightaway, as incoming sums aren’t amortised like outgoing transfer fees are.