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So it leads to the inevitable question: how can Liverpool afford to complete just the fifth £100million+ ($136M) transfer in Premier League history?

Liverpool’s lack of recent spending is a significant factor in answering that.



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The financial and PSR outlook is healthy, despite the club making a pre-tax loss of £57M ($77M) loss in the latest annual financial figures.

But the club’s coffers are set to be boosted after winning the Premier League and returning to the Champions League this season, plus a lucrative new deal that has been agreed with Adidas.

Wirtz's transfer fee will be a significant figure for Liverpool to swallow

The Athletic expects Liverpool to post profits of around £30M ($41M) for the 2024/25 season, and adds the Premier League’s new TV deal is up roughly 17 percent on the previous edition.

While Wirtz’s contract may equate to around £12M per year, Liverpool has already cleared that figure off its books given that’s roughly how much Trent Alexander-Arnold earned, while the lack of transfer amortisation (spreading the cost) fees forecast means the financial outlook looks positive.

Of course, it’s not just Wirtz’s signing Liverpool must incorporate into its transfer and spending calculations