Liverpool have earned a reputation for extracting maximum transfer fees, a practice dubbed 'Liverpool tax'. The club spent £321m on eight new players, including £116m Florian Wirtz and £26m 18-year-old Giovanni Leoni. Simultaneously, Liverpool recouped £217m from selling eight players, with both spending and sales including potential add-ons and leaving the rough net expenditure modest. Only Bournemouth and Chelsea generated more incoming cash this summer, with Bournemouth selling key players to top clubs. Despite heavy spending, Liverpool are not top of the net spend list, a position held by Manchester United amid their failure to sell.
There is a phrase within the industry that some of the bigwigs in the offices of Premier League clubs are starting to call ' Liverpool tax'. It refers to the champions' knack of eking every penny out of a potential deal and selling their assets for healthy prices when other teams might not have been able to get anywhere near as much money for the same player.
Only Bournemouth and Chelsea have seen more cash come into their clubs this summer. The Cherries, of course, sold the heart of their team with Dean Huijsen, Illia Zabarnyi and Milos Kerkez making big moves to Real Madrid, Paris Saint-Germain and Liverpool respectively. These departures mean that despite spending more than anyone in the Premier League, Liverpool are not top of the 'net spend table' - a ridiculed concept, we know.
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