James Pearce has explained where Liverpool’s money has gone, reacting to fans' desperate comments on social media.
Reds have been linked with the move for Bayern Munich midfielder Thiago Alcantara, however there are no firm hints on the possible transfer. While Liverpool fans wonder why the club doesn't show more activeness during the summer transfer window with the likes of Chelsea or Leeds United, Pearce took Twitter to explain the situation. He replied to one of the club supporters who asked about the spending habits of Liverpool.Take a look at the accounts. It’s all there in black and white. All revenues reinvested back into the club. Annual wage bill in excess of £320m - six months without any match day income. New £50m training ground.
— James Pearce (@JamesPearceLFC) August 30, 2020