James Pearce explained how FSG want to do things going forward with Liverpool after major investment in their business. There will be money available, it seems.
FSG came into a lot of money last month. Per the Athletic, they received investment from RedBird capital that valued their business at £5.32 billion.
But how will that affect Liverpool? Well, speaking to the Red Agenda podcast, James Pearce explained how FSG intend to use the money this year.
“From what I’m told there will be money there for Klopp to invest in the summer, but it’s not going to be a crazy amount of money invested,” Pearce said.
“The feedback I had from the RedBird investment, which of course people look at the numbers and think a £500m investment into FSG could lead to a [Kylian] Mbappe or [Erling] Haaland type signing and a massive war chest for Klopp.
Subscribe to Rousing The Kop TV now
“I was told that it’s certainly not that, but what this investment will do is allow Liverpool to absorb the impact of the pandemic.
“So where they would’ve needed to cut back to deal with what they now believe to be around a £120m dip in revenue, this will allow them to operate as they normally do, which means there’ll be a set amount of money aside that can be invested, and that will be swelled by what can be invested into sales.”
What RTK has to say
It’s how you’d imagine things from FSG, really. They’re not the type to suddenly splash the cash – they’ll want a sensible approach.
And this is about as sensible as it gets. Liverpool can use the cash to offset negatives from the last year and keep on growing as a club.
Our only question is how a lack of Champions League football could affect things. Would FSG then use more money to keep the club strong in the transfer market?
We really don’t know – we’re not sure they do, either. After all, no one imagined the Reds could miss out on a top-four finish this season.
Yet that’s the crazy position they’re in. So we’re no against the safe, sensible approach. There are some possible problems that a bit of extra cash could help fix, however.