Liverpool committed over £200m in contracts this summer, according to reports. The Reds opted to put their money into securing their squad.
This comes from the Athletic. They claim Liverpool put around £200m into contracts this summer with several key players committing their future long-term.
Those players include Trent Alexander-Arnold, Jordan Henderson, Fabinho, Alisson Becker, and Virgil van Dijk. The core of Liverpool’s team is, for the most part, secure.
And that’s before new deals for Mohamed Salah and Sadio Mane – both of whom are supposedly in line for contracts over the coming months. Liverpool, then, appear ready to go well over that £200m mark.
Liverpool use summer for £200m contracts
That £200m is a huge figure, of course, and Liverpool deserve praise for that. But it shouldn’t be read as ‘Liverpool spent £200m this summer’ – they plainly didn’t.
That £200m is over the course of five-year contracts, meaning it’s a commitment of around £40m per season. That’s certainly a large amount but in the context of a large club, it’s not ground-breaking.
For one, players don’t play for free. Every club commits a large amount in wages every single year – even if for many it doesn’t come close to £40m. But for most big clubs, that’s not an outrageous figure.
It’s difficult to see this as a reason for little summer spending, then. We don’t have access to the club’s entire budget but £40m per year seems like a reasonable investment for a Champions League club to keep their best players.
Now, new deals for Salah and Mane would drive that up, of course. But it shouldn’t move it into unfathomable realms.
As in, it doesn’t seem so major that it justifies a lack of summer spending. Not unless the money is being hoarded for a huge outlay next year – but there’s no evidence at all for that being the case.
So while we applaud Liverpool for tying down their stars, it doesn’t quite explain the slow summer. Perhaps 2022 can offer some more answers to that.