Were Liverpool and Michael Edwards £60 million too ambitious this summer?
Photo by Andrew Powell/Liverpool FC via Getty Images

Were Liverpool and Edwards £60 million too ambitious this summer?

Liverpool enjoyed a truly remarkable summer financially and the Reds’ negotiating team will be feeling pretty good about themselves following yet another outstanding transfer window in terms of both incomings and outgoings.

The Premier League champions were able to successfully secure the services of Kostas Tsimikas, Thiago Alcantara, Diogo Jota and Marcelo Pitaluga, for a combined value of £82 million.

LIVERPOOL, ENGLAND – SEPTEMBER 18: (THE SUN OUT, THE SUN ON SUNDAY OUT) Thiago Alcantara new signing of Liverpool at Anfield on September 18, 2020 in Liverpool, England. (Photo by Andrew Powell/Liverpool FC via Getty Images)

Most impressive of all regarding these signings was Liverpool’s meticulous ability to orchestrate deals, in the cases of Thiago and Jota, that are to be paid in instalments as opposed to up-front fees which in the current economic climate was of the utmost importance, as the club couldn’t afford to spend extravagantly given the uncertain financial ramifications of the pandemic.

Liverpool also offloaded a number of players off the wage bill to balance out the Anfield books including the likes of Dejan Lovren, Adam Lallana, Ovie Ejaria and Rhian Brewster.

Outstanding business

This was excellent business from the Reds who were able to significantly improve a squad that had won the Premier League at a canter last season despite spending in a manner that will do little to no harm financially.

It truly was an outstanding window from a business perspective for Liverpool, however, it was by no means perfect.

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Jurgen Klopp still has a number of players within his squad who are pretty much surplus to requirements as the club were unable to offload a number of stars who could of provided further revenue to aid the financial hit that has affected everyone associated with football in recent months.

For the likes of Harry Wilson, Xherdan Shaqiri and Marko Grujic, their footballing futures all still remain very-much ambiguous and the club are no closer to finding long-term solutions for the aforementioned names.

Was there room for improvement?

Indeed, it was made more difficult due to recent circumstances but was there more Liverpool could have done to get a couple more deals over the line?

Liverpool have proven themselves firm negotiators under the stewardship of sporting director Michael Edwards and this in effect is why the club remained firm on their price for the likes of Wilson, Grujic and Shaqiri from the start.

According to The ECHO, Liverpool had hope to rake in a combined £40 million for both Wilson and Shaqiri while The Mirror report that Grujic had been hoped to have added an additional £20 million.

LIVERPOOL, ENGLAND – SEPTEMBER 29: (THE SUN OUT, THE SUN ON SUNDAY OUT) Marko Grujic of Liverpool with Xherdan Shaqiri of Liverpool during a training session at Melwood Training Ground on September 29, 2020 in Liverpool, England. (Photo by John Powell/Liverpool FC via Getty Images)

In any other transfer window, such prices wouldn’t be considered too extortionate yet the changing financial climate could argue that Liverpool were too ambitious to think they could clock up £60 million for three of their fringe players.

We will know whether it has proved too costly when the window opens again shortly in January, but we do know that Klopp would have preferred to have had the matters solved sooner.

The club’s transfer committee will be happy with the overall work done this summer but a financial dynamic as strong as Liverpool’s will always look at what they could still do rather than reflect on the outstanding work previously overseen.

Hopefully, this is an issue that will not linger on for too long and a compromise can eventually be resolved.

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