How did Liverpool afford their 400m summer of spending?

"The message from the Liverpool fans was clear. As the dust settled on their team's pulsating 3-2 victory over Newcastle United at St James's Park last week, the away supporters clamored for their opponents to "hand him over." The "him" in question, of course, was Newcastle's wantaway striker Alexander Isak. A week on from that dramatic win on Tyneside, the Liverpool faithful got their wish as he finally sealed a British-record £125 million move on deadline day."

"It was an eye-watering sum of money in a summer where the Premier League champions have flexed their financial muscles more than any club in the world. Midfielder Florian Wirtz -- who joined from Bayer Leverkusen in a £100m deal that could rise to £116m with add-ons back in June -- has barely kicked a ball in anger and yet has already been usurped as the club's record signing, while Liverpool's total expenditure this summer sits at around £450m, inclusive of add-ons."

"In a landscape where clubs live and die by their compliance with financial rules, both domestically (Profit and Sustaintability Rules, or PSR) and in Europe (Financial Fair Play), there will understandably be confusion in some quarters about Liverpool's ability to spend so freely this summer. Only Chelsea have spent more in a single transfer window ( almost £600m in 2022-23), and yet Liverpool are not in danger of breaching either the Premier League or UEFA's financial regulations. So how have they done it?"

Liverpool completed a British-record £125 million signing of Alexander Isak on deadline day following their 3-2 win at St James's Park. The club's summer spending reached around £450m including add-ons, and the £125m fee surpassed the earlier £100m signing of Florian Wirtz, whose deal could rise to £116m. Liverpool's heavy transfer outlay comes amid strict domestic Profit and Sustaintability Rules (PSR) and UEFA Financial Fair Play regulations. Despite only Chelsea having spent more in a single window, Liverpool are not in danger of breaching Premier League or UEFA financial rules due to deliberate financial planning.

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