Liverpool: Simon Hughes discusses LFC’s current financial situation

Image for Liverpool: Simon Hughes discusses LFC’s current financial situation

Liverpool journalist Simon Hughes has been shedding some light on the Merseyside club’s current financial situation. 

This comes after Hughes recently made an appearance on The Athletic’s Ornstein & Chapman Podcast where he spoke about a variety of topics concerning the Reds.

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On the subject of potential future incoming transfers at the club in January, Hughes had this to say on the financial side of things.

He said: “I don’t think Liverpool can really necessarily afford to go and splurge a huge sum of money at this moment in time. Obviously, they will have taken encouragement about the vaccine and everything else if they can get fans back into stadiums and start getting their matchday revenue back up towards the level that they would expect at a time when [they are] the champions of England.”

Looking back at the previous summer transfer window, Liverpool spent a total sum of £71.73 million on bringing in players such as Thiago Alcantara, Diogo Jota and Kostas Tsimikas to Anfield.

With defensive duo Virgil van Dijk and Joe Gomez now out of action for a significant amount of time due to injuries, there have been suggestions that the club could look to bring in a new defender to fill the void left by Gomez and Van Dijk’s absence.

TIF Thoughts on Simon Hughes’ comments on Liverpool’s finances…

Even though Liverpool spent a significant amount of money on signing players over the summer and that they now have two of their senior centre-backs out injured until next year, it appears that the finances aren’t there at this moment in time for the club to sign some more players to strengthen their squad.

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In our view, the serious injuries to Van Dijk and Gomez should force the club into exploring the option of trying to bring in a new defender to fill in for the injured duo until they return. Now if the finances are an issue for Liverpool at the moment, then maybe signing a player on loan until the end of the season as a cheaper option than signing someone on a permanent deal might be worth considering.

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