Liverpool ‘could spend another £150m’ this summer as Klopp transfer business explained

That’s according to football finance expert Kieran Maguire, who was speaking on the Blood Red Podcast.

The Reds aren’t expected to do too much business this summer, although they have been linked to Lille forward Nicolas Pepe.

Pepe would cost around £70m but it was thought Jurgen Klopp wouldn’t be in the market for too many big names in the coming months.

Having spent near £250m in 2018 alone, their summer 2019 budget was thought to be on the light side, but not according to Maguire, who says that the money generated by Liverpool’s impressive season would be enough to let them sign “anybody they choose”.

“Liverpool finished second in the Premier League and actually generated more money from TV from the Premier League than Manchester City because they were on television live more often,” he said.

“Combine that with the additional revenue from the Champions League, and Liverpool’s cash reserves are high.

“They can sign practically anybody they choose. If Jurgen Klopp feels there are still one or two places missing in terms of the squad, they could spend £50m-£60m on a player today, absolutely.

“Plus the fact that Liverpool don’t need to sell and players don’t want to leave.

“They had issues with Coutinho, Suarez and Sterling, but I don’t think those issues will arise again for a good while, so they are in a very strong position in the market.”

Maguire then stated that if Klopp thought it was necessary, he could choose to spend £150m this summer – but also mentioned the German was likely happy with his current squad.

“They could spend another £150m if they wanted to this summer,” he said.

“I think Jurgen Klopp is very pleased with the squad and he’s also had some absolute bargains in the likes of Andy Robertson and Trent Alexander-Arnold who came through the academy, and those two alone will have saved £100m.

“So it’s not just about spending big, it’s spending smart as well, which you’ve got to give the club credit for.”

Pepe is likely to leave Ligue 1 this summer with not only Liverpool watching his every move – but Manchester United too.

Arsenal were also interested but they haven’t the funds to spend on the Ivorian, who has remained coy on his future.