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As shown in the graph above, in the three seasons prior to 2024-25 Liverpool made net transfer spends of -£17.8m, £92.5m and £49.8m.
For context, Manchester United have had a net spend of £119m, £133m and £190m over their past three campaigns.
“Liverpool have been outside the top-10 spenders on player signings since 2019, but their model is a classic case of being smarter rather than bigger,” said Maguire.
“Liverpool’s
On the face of it, deals for former Atletic Madrid player Cunha and potentially Mbeumo would total over £100m and eat into a significant chunk of United’s summer budget before sales.
However, accounting practices mean that is not actually the case.
“When you bring in a new player you would normally put them on a four or five-year contract. The way the accounting works – you take the cost of
Ange Postecoglou has signalled he will rest key players when Tottenham play Aston Villa on Friday as he “can’t afford to lose another” to injury with the Europa League final less than a week away.
Midfielder Dejan Kulusevski has become the latest first-team regular to suffer an injury that will rule him out of Wednesday’s final in Bilbao against Manchester United.
Fellow midfielders Lucas Bergvall and James Maddison are both
The accounting model makes some sense as the long contracts and amortisation – spreading the cost of a transfer over an extended period – have enabled Chelsea to get players like Caicedo on comparatively ‘lower’ £180,000-a-week wages, despite him costing a British transfer record £115m when joining in 2023 from Brighton.
Ukraine winger Mykhailo Mudryk – who joined Chelsea for up to £89m, inclusive of add-ons, from Shakhtar Donetsk in
Bristol City technical director Brian Tinnion has said the club cannot afford to buy players who are the “finished article”, after not signing anyone during the January transfer window.
The Robins did not bring in any players last month while four left on loan, with Tommy Backwell’s move to Cheltenham also made permanent.
At the start of the month the Championship club said they signed more players last summer –
Norwich cannot afford to ‘switch off’ – Slimane
This article was originally posted on https://www.bbc.co.uk/sport/football/articles/cvgnj9we213o
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