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Karine Grigoryan

29-06-2019 | 15:55 Football
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Football finance expert explains how much money Liverpool can afford to spend this summer

Liverpool had a successful season as they won the Champions League after having reached the finals for the second year in a row. The Reds could have become Premier League champions as well but they missed out on the chance as they were one point behind Manchester City. Now the Reds are getting ready for the new signings ahead of the upcoming season. According to football finance expert Kieran Maguire says that the Reds would be in a position to spend £150m+ if they wanted to this summer. “Liverpool finished second in the Premier League and actually generated more money from TV from the Premier League than Manchester City because they were on television live more often, and combine that with the additional revenue from the Champions League, and Liverpool’s cash reserves are high,” Maguire told the Blood Red podcast. “They can sign practically anybody they choose. If Jurgen Klopp feels there are still one or two places missing in terms of the squad, they could spend £50m-£60m on a player today, absolutely. “Plus the fact that Liverpool don’t need to sell and players don’t want to leave. They had issues with Coutinho, Suarez and Sterling, but I don’t think those issues will arise again for a good while, so they are in a very strong position in the market. “They could spend another £150m if they wanted to this summer but I think Jurgen Klopp is very pleased with the squad and he’s also had some absolute bargains in the likes of Andy Robertson and Trent Alexander-Arnold who came through the academy, and those two alone will have saved £100m. “So it’s not just about spending big, it’s spending smart as well, which you’ve got to give the club credit for.” As a reminder, Liverpool agree deal to sign Sepp van den Berg, which is the Reds first signing of this summer.

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