Liverpool set for astonishing £415m transfer boost
The transfer budget at Liverpool could be about to rocket to astonishing level
Liverpool would be free to spend a minimum of £415million in 2024/25 if new financial regulations are implemented.
All 20 Premier League clubs attended a meeting on Thursday evening to discuss replacing the current Profit and Sustainability rules.
The new regulations proposed would align with Uefa’s policy that caps spending to a percentage of the club’s overall revenue.
The cap includes spending on transfer fees, wages and agent fees and is expected to be limited to 85 percent of revenue for clubs outside of European competition – clubs competing within Europe will be capped at 70 percent.
As per the 2024 Deloitte Football Money League, Liverpool generated revenue of £593million over the last year – ranking them seventh in the world in terms of finances.
If the Premier League passes the vote to introduce new regulations, it would free up Liverpool to spend a staggering £415million based on their current revenue levels.
A majority of that budget would be taken up by their £261million wage bill, but that would still leave the Merseyside club with a significant transfer budget for new signings.
The Reds are currently on the lookout for a new manager following Jurgen Klopp’s announcement that he will leave Anfield at the end of the 2023-24 season.