Liverpool’s reported interest in Bayern Munich midfielder Thiago Alcantara has become one of the great enigmas regarding the club’s transfer priorities this summer.

The Spanish international has been regularly tipped with a move to the Premier League champions in recent weeks yet nothing substantial is yet to materialise.

Despite this, Liverpool have reportedly been handed a boost regarding the availability of Thiago following comments from Bayern’s CEO Karl-Heinz Rummenigge who recently confirmed the club would be willing to sell Thiago for a ‘fair transfer fee”.

One reason for Liverpool’s failure to confirm whether there is any interest in Thiago could be due to the ongoing global pandemic and the financial uncertainty regarding funds made available for players.

FC Bayern Muenchen Training And Press Conference

MUNICH, GERMANY – AUGUST 07: Thiago of FC Bayern Muenchen juggles with the ball during a training session ahead of their UEFA Champions League round of 16 second leg match against Chelsea FC at Saebener Strasse training ground on August 07, 2020 in Munich, Germany. (Photo by FC Bayern – Handout/Getty Images)

The reports just keep coming

This could indeed change if players such as Harry Wilson and Marko Grujic were sold amid reports from The Mirror that Liverpool have identified both returning loanees as their best chance of securing funds for other targets this summer.

Rummenigge recently confirmed in July that Thiago had turned down the opportunity to extend his Bayern Munich contract, with a desire to experience a new challenge away from Germany following seven years of consecutive Bundesliga success.

Speaking this week to German publication Bild, Rummenigge said: ‘Regarding Thiago, it’s known that he told us he wanted to do something new.

‘If a club approaches us that is willing to pay a fair transfer fee, we will work on it’

However, even despite the growing certainties that Thiago wants to leave the Allianz Arena, Liverpool are keeping their hands close to the chest.

Xherdan Shaqiri at Anfield.

LIVERPOOL, ENGLAND – JULY 05: Xherdan Shaqiri of Liverpool during the Premier League match between Liverpool FC and Aston Villa at Anfield on July 5, 2020 in Liverpool, United Kingdom.Football Stadiums around Europe remain empty due to the Coronavirus Pandemic as Government social distancing laws prohibit fans inside venues resulting in games being played behind closed doors. (Photo by Robbie Jay Barratt – AMA.Getty Images)

Funding not yet available

As of yet, the money isn’t available and Liverpool have proven in the past that they are not afraid to play the waiting game.

The Mirror report that Liverpool currently value Wilson at £20 million while Grujic is deemed to command a similar fee.


Should Liverpool also choose to part ways with Xherdan Shaqiri then all of a sudden three club outgoings would likely warrant the need for Liverpool to begin looking at outside replacements.

The Swiss winger made only two starts in the Merseyside outfit’s title-winning campaign and according to The Express, Liverpool are open to bids with Shaqiri likely to want more regular game-time elsewhere.

Another factor to consider is whether Liverpool see total value in a 29-year-old Thiago considering the club’s already impressive list of midfield options.

Indeed, Georgino Wijnaldum’s unresolved contract situation adds validity to Thiago’s interest considering both players are of a similar age and quality.

Also, at £27 million, it doesn’t seem like a signing that would necessarily break the bank for Liverpool while adding a world-class talent reduces the risk of complacency next season.

The determining factor to any deal materialising is timing. If Liverpool are to received adequate funding from player outgoings then suddenly the dynamic changes entirely.

Luckily, the transfer window is far from closing and factoring Thiago’s ongoing Champions League involvement, Liverpool still have time on their hands.

Even though little is concrete at this early stage there could still be significant developments in the coming weeks.

Once again, Liverpool seem prepared to play the waiting game.

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