Liverpool have reportedly just made an eight-times profit on one player
Photo by John Powell/Liverpool FC via Getty Images

Liverpool have reportedly just made an eight-times profit on one player

Liverpool confirmed an impressive profit on Ben Davies this week as they sold him to Rangers for £4m. The centre-back never played a game.

Ben Davies is officially a Rangers player, leaving Liverpool after 18 months at the club. Those were 18 very difficult months, too – the defender never actually featured in a first-team game.

Liverpool signed Davies from Preston North End right at the close of the winter transfer window in 2020. Jurgen Klopp never put him into a match, however, as the player fell behind Nat Phillips and Rhys Williams early on.

That actually has interesting financial implications for the transfer, though. Per the Liverpool Echo, Liverpool struck a £1.6m deal with Preston as Davies entered the final months of his contract. Only £500k of that was guaranteed, however, and the rest were in add-ons.

Those add-ons never triggered as Davies didn’t play and the Reds then covered the initial outlay with a £500k loan to Sheffield United last season.

And that means the sale to Rangers is all pure profit.

Liverpool make Ben Davies profit

Sky Sports have the Davies fee at £4m – the amount Liverpool initially targetted, per that Echo report. With the initial fee of buying the player already covered, this is entirely profit.

Photo by Nick Taylor/Liverpool FC/Liverpool FC via Getty Images

Thus Liverpool made an eight-times profit on Davies. It’s an extraordinary amount given they’ve done essentially nothing to increase his value in that time. Of course, they signed him as his contract was expiring and struck a deal for below his true value as a result.

Still, you have to say this is pretty fantastic business. We still feel a bit sorry for Davies as he lost a lot of momentum with his career, going quite some time without playing at all. He’s landed on his feet, though, even if it’s not with a Liverpool career.

As Jurgen Klopp says, this works out for all parties in the end.

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