With the summer transfer window on the horizon, Pearce was asked what the financial situation at the club will be by the time it opens, to which he gave this response.
He said: “It’s certainly not as basic as saying Liverpool need to sell to buy, from what I’ve been told, there will be money there for Klopp to invest in the squad this summer, but I think it’s not going to be a crazy amount of money invested.”
Last month it was revealed that RedBird Capital Partners had bought a stake in Fenway Sports Group (FSG) for around $735 million (£533 million) which will enable the Merseyside club to “continue with their plans to redevelop the Anfield Road stand and invest in player recruitment at pre-pandemic levels.”
On the pitch, Liverpool currently find themselves in sixth place in the Premier League table on 52 points after winning 15 of the 31 league games they’ve played so far this season, drawing seven and losing nine along the way (per BBC Sport).
TIF Thoughts on James Pearce’s comments on Liverpool’s finances and the summer transfer window…
Looking back to the previous summer transfer window during the current pandemic, Liverpool spent a total of £71.73 million on bringing in Diogo Jota, Thiago Alcantara and Kostas Tsimikas to help strengthen their squad, which shows that despite the pandemic, they still managed to find the funds to sign these players (per Transfermarkt).
Are you confident Liverpool will sign some new players this summer?
While it will be reassuring for the Liverpool fans to hear that there will be funds for the club to use for buying players in the summer transfer window, there will still be a chance for the Reds to secure even more money if they manage to qualify for the Champions League next season by finishing in a top-four place in the league table, where they are currently three points away from with seven games left to play.