By Federico Calabrese
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Index
There’s now about a month left until the start of the new Premier League season, and Liverpool, the reigning champions, are once again ahead of the pack. Despite already having a strong core, Arne Slot’s side has chosen to further strengthen the squad by bringing in high-caliber players like Jeremie Frimpong, Milos Kerkez, and Florian Wirtz. But how much do these multimillion-euro deals impact the Reds’ financial balance?
Details on the Frimpong and Wirtz signings
Both Frimpong and Wirtz arrived from Bayer Leverkusen. The former cost around €35 million and signed a five-year contract. The latter, the most expensive signing in the club’s history, was purchased for approximately €120 million. Including the amount spent on Kerkez, Liverpool’s total expenditure is estimated at around €195 million.
Figures behind the investments
Specifically, the investment in Wirtz results in an amortized cost of about €23 million per year, plus his salary spread across his five-year contract. Wirtz will earn about €11 million per year, or €200,000 per week, while Frimpong will receive around €11 million gross annually. To manage these expenses, Liverpool’s board will spread the costs across multiple fiscal years. The Reds are in a very stable financial position; last season, the club posted an estimated €30 million profit despite some losses from the previous year.
Liverpool’s financial and economic strength
The costs the club will bear, though significant, will fall comfortably within the limits of the PSR, the governing body for club sustainability. Liverpool’s steadily growing revenue has made such investments possible, and no major sales are needed to offset the outgoing funds. This is thanks to the club’s prudent management, always focused on aligning investments with the technical and tactical development of the team.
By Federico Calabrese
