There will be no spending spree at Liverpool in the January transfer window. The new owners are said to be concerned at the amount of money spent on transfer fees and wages at the club in recent years, £230m on fees alone, though much of that was recouped in sales.
There will be no spending spree at Liverpool in the January transfer window. The new owners are said to be concerned at the amount of money spent on transfer fees and wages at the club in recent years, £230m on fees alone, though much of that was recouped in sales.
The takeover did free up £36m a year of revenue that had been previously used to service the club’s debts. John W Henry has expressed concern about the wages earned by older players on long-term contracts.
The club may seek to follow the ‘Arsenal model’, although that has been criticised and in any case their income is underpinned by a new stadium. Perhaps more likely is that they will follow the Manchester United where premim fees are only paid for younger players with resale potential.