This season has been a rollercoaster for Kopites. Liverpool have absolutely dominated the Premier League, winning the title in record time. However, Reds fans have had to contend with the anxiety and disappointment caused by the pause in play. The pandemic is set to transform the club’s summer plans, Michael Edwards could target relegated sides in order to work around the financial challenges imposed by the health crisis.
Football resuming behind closed doors has had a massive impact on Liverpool’s finances. The Reds currently earn approximately £84m per season (via The Guardian) in matchday revenue; playing without fans in the ground will have cost the club a vast amount of money they were counting on when planning their moves in the summer transfer window.
Jürgen Klopp has already said that incoming transfers are unlikely as the club looks to mitigate losses sustained as a result of the pandemic.
Shrewd Michael Edwards
One of the keys to Liverpool’s success in recent seasons has been the unrivaled recruitment prowess of Michael Edwards.
The sporting director has identified top talents at bargain prices, often underpaying for players who go on to be pivotal parts of the side – Andy Robertson cost the club just £8m.
The impact of the pandemic will likely force Edwards to be at his shrewdest, any transfers coming into Anfield will have to be bargain basement deals.
Return to relegated sides
One of the hallmarks of Michael Edwards’ dealings has been his proclivity for picking up bargain buys from recently relegated sides.
Andy Robertson was signed from Hull City, Gini Wijnaldum was bought from Newcastle United and Xherdan Shaqiri was nabbed from Stoke City – all players brought in from relegated sides.
Being relegated from the Premier League is financially devastating for a club, if you couple this with the impact of the pandemic then sides going down this season will be forced into more drastic decisions to keep finances on an even keel.
This is an ideal scenario for a vulture like Edwards, he will be able to bag bargain from sides heading down into the Championship – Norwich in particular look ripe for the picking with Todd Cantwell, Max Aarons and Emi Buendia impressing this season.