Liverpool have become the envy of all the footballing world when it comes to success in the transfer market. In just a few short years, the Reds have adopted the status as one of Europe’s most shrewd operators and there is one key figure who has been the spearhead of such financial supremacy.

We are talking about Michael Edwards, of course. Liverpool’s irreplaceable sporting director has catapulted the club back amongst the continent’s elite and their sustained model for success has seen their rivals look to implement a similar philosophy in an attempt to replicate such unrivalled dominance.

Dream team

Liverpool's £70m double swoop for Diogo Jota and Thiago Alcantara has highlighted another reason Michael Edwards is the best there is.

LIVERPOOL, ENGLAND – DECEMBER 13: (THE SUN OUT, THE SUN ON SUNDAY OUT) Jurgen Klopp Signs A Contract Extension and chats with Sporting Director Michael Edwards and Mike Gordon FSG President and Liverpool F.C owner at Melwood Training Ground on December 13, 2019 in Liverpool, England. (Photo by John Powell/Liverpool FC via Getty Images)

On and off the pitch, Liverpool continue to set the example with success in the boardroom now just as important as success on the pitch in the modern game.

The names that slip off the tongue when reflecting some of the signings Liverpool struck gold with over the previous few seasons reflect such notions as Edwards has been able to supply Jurgen Klopp with the player’s that have transformed the Reds into serial winners.

Mohamed Salah, Sadio Mane, Virgil van Dijk, Alisson Becker, Andy Robertson, Georginio Wijnaldum and Fabinho are just a small example of the shrewd operation Liverpool have going on at Anfield.

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While incomings have ultimately paved the way for success at the club, the importance of outgoings cannot be overlooked either. Liverpool have developed a meticulous act for driving up the prices of unwanted stars in an attempt to raise funds for additional purchases elsewhere.

Shrewd recruitment has been at the heart of Liverpool’s resurgence under Klopp.

Crystal Palace paid Liverpool £32 million for Christian Benteke in the summer of 2016 and a further £26 million for Mamadou Sakho 12 months later.

As well as Palace, Bournemouth have certainly played a part in Liverpool’s sustained rise. In the summer of 2016, the Cherries splashed out £15 million for winger Jordon Ibe and a further £6 million (including add-ons) for full-back Brad Smith.

Most recently, Edwards was able to sanction a deal for 18-year-old defender Ki-Jana Hoever, a player who is yet to feature in the Premier League, for a transfer fee that could rise as high as £13.5 million.

Edwards has proven himself a tough negotiator and because of this, Liverpool are immediately able to command a high price for players as their track record suggests they will not budge easily. Rival clubs know that when dealing with the Reds, they face a hard task to get the smart end of the deal.

It’s certainly a challenging proposition to go toe-to-toe with Edwards at the negotiating table and Liverpool seem set to reap the rewards once again.

Tranmere Rovers v Liverpool - Pre-Season Friendly

BIRKENHEAD, ENGLAND – JULY 11: Rhian Brewster of Liverpool celebrates after scoring a goal to make it 0-3 with Harry Wilson during the Pre-Season Friendly match between Tranmere Rovers and Liverpool at Prenton Park on July 11, 2019 in Birkenhead, England. (Photo by James Williamson – AMA/Getty Images)

According to Goal, Liverpool could be set to rake in up to £50 million amid reports that the club have received bids for the likes of Harry Wilson, Marko Grujic and Rhian Brewster.

This would immediately recoup more than half of Liverpool’s spending expenditure (£84 million) this summer that saw Edwards add Kostas Tsimikas, Thiago Alcantara and Diogo Jota to Klopp’s armoury.

Also if you consider the combined £24 million Liverpool received for Hoever and Dejan Lovren, Liverpool are just £10 million of breaking even.

This is made even more ridiculous when you consider that Liverpool have only offloaded fringe players yet have invested the money to strengthen crucial areas of the squad while simultaneously adding one of the best midfielders in world football to Klopp’s already impressive array of global superstars

It is further vindication to Edwards’ genius who could be set to orchestrate Liverpool’s final masterstroke of what has been a truly extraordinary summer window for the Premier League champions.

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