Photo by Alexandre Simoes/Borussia Dortmund via Getty Images

The financial realities of Jadon Sancho and Kalvin Phillips' situations

With the January window just days away, there is a sense that more and more viable candidates are going to be thrown Liverpool’s direction in the transfer rumour mill.

Already a number of exciting names have been touted with an Anfield switch including the likes of Dayot Upamecano, Perr Schuurs and Erling Haaland.

With Liverpool, it is never as simple as the reported interest can be made out, as the club’s self-sustaining transfer model needs to be put under consideration.

Two commonly referred targets registered with an interest to Liverpool is Jadon Sancho and Kalvin Phillips.

The England international duo both have a vast combination of creativity and swagger which Liverpool could benefit from on a consistent basis.

Either would be a good signing; and unfortunately, making so a reality would not come cheap at all.

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The sad reality which complicates a Sancho/Phillips swoop

Manchester United wanted to sign Sancho in the summer and chose not to baulk at Borussia Dortmund’s £108m asking price and as a result, outlets such as The Independent have claimed that Liverpool could move for Sancho next season.

Phillips represents a similar financial gamble when you consider his tremendous start to the 2020/21 season has only increased his value further.

Both aforementioned players are now established England internationals and are thriving with their respective club sides; Dortmund and Leeds United.

Goal reports that Leeds would demand at least £50 million in order to sell Phillips.

There is an ‘English tax’ in there for sure, but it illustrates both player’s soaring value and both Dortmund and Leeds are entitled to value the player they own as they so wish, in order to deter buyers.

Photo by Alexandre Simoes/Borussia Dortmund via Getty Images

The last time Liverpool invested this heavily for an English talent was when the club signed Alex Oxlade Chamberlain from Arsenal in a £35 million [BBC] deal.

Both Phillips and Sancho would cost more than the fee they paid for Oxlade-Chamberlain, and while both may be worth the money, it is a deal with huge financial complications.

Contract length is also a big factor here. Phillips is contracted at Elland Road until 2024 while Sancho’s deal in the Bundesliga isn’t due to expire until 2023.

If Liverpool were to pursue a move for either of Sancho and Phillips it would certainly represent a mammoth task, not a case of simply paying the required asking-price.

While it isn’t impossible for Liverpool to consider altering from their usual core principles in the transfer market, it would certainly make financial sense for the Reds to look elsewhere.

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