Mo Chatra: ‘Liverpool finally appear to be operating like a true superpower’ | OneFootball

How Liverpool’s Financial Strength Could Secure Alexander Isak: Inside FSG’s Big Summer

I have been watching Liverpool’s financial operations for years, and what we are seeing this summer is unlike anything before. FSG have often been criticised for their conservative approach to spending, and often rightly so. But now, there is a real change. Liverpool are no longer tiptoeing through transfer windows. They are moving like a club that understands its place as a true footballing heavyweight. And make no mistake, that is exactly what we are.

Record Revenues Fuel New Ambitions

The 2024-25 season was a success on and off the pitch. A title-winning campaign combined with a return to the Champions League has pushed our turnover to around £700 million. Some estimates put it a little higher. Regardless, it breaks all previous club records. Very few clubs in world football operate at this financial level. And projections for the 2025-26 season suggest revenues could reach £750 million.

When your income looks like that, it opens the door for major moves in the market. But income alone does not explain everything. What matters just as much is what you owe. This is where FSG’s cautious spending over previous years has now paid off.

Low Transfer Debt Creates Room to Spend

While clubs like Arsenal, Spurs and Manchester City are carrying huge levels of transfer debt, Liverpool finished the 2023 to 2024 financial year with £127 million. That sounds like a large number until you look closer. Around £100 million of that has already been paid off, leaving only £25 to £30 million outstanding. Compared to the hundreds of millions owed by our rivals, this is a very manageable figure.

It means Liverpool now have room to make big moves. Even with one of the Premier League’s highest wage bills, which reached around £400 million last season, the club’s financial position remains strong. Profit and Sustainability Rules are not a problem either. In fact, Liverpool recorded a healthy profit last season and are on track to do so again. That gives the club the financial security to act boldly.

Isak Deal Could Be the Crown Jewel

This brings us to Alexander Isak. The Newcastle striker has quickly become one of the most talked-about potential signings of the summer. He is proven, he is efficient in front of goal and he is available. There is talk of a fee anywhere between £120 million and £150 million. I believe Liverpool could push for a deal worth around £125 million, with £110 million guaranteed and the rest in add-ons.

The complication comes with how the deal is structured. If Newcastle insist on a large portion being paid up front, Liverpool may need to rely on player sales to cover that. A fee of £60 million, paid immediately, is not out of the question. Sales of players like Darwin Nunez, Harvey Elliott, Jarell Quansah and potentially Luis Diaz could generate £200 million. That would more than cover the upfront payment needed to land Isak.

But even if those deals do not materialise quickly, the club has alternative plans. Hugo Ekitike remains on the radar. But there is no doubt that Isak is the first choice. This is a player who would make a real statement and immediately elevate the squad.

Smarter, Not Riskier Business

What is important to stress is that this is not reckless spending. It is measured, smart and structured. The recent deals for Jeremie Frimpong, Florian Wirtz and Milos Kerkez are all based on phased payments. That keeps the financial burden spread over several years, while still allowing the club to strengthen significantly now.

If the squad is built correctly this summer, Liverpool might only need to bring in one or two players in the next two windows. That is the plan. Get the heavy lifting done now, with players in the right age profile, and set the club up for long-term success.

FSG Finally Act Like a Superpower

For too long, Liverpool lost out on top targets because we were slow to move or refused to meet asking prices. The result? Our rivals strengthened while we hesitated. That seems to be changing. There is now a clear intent and ambition in how Liverpool are conducting themselves. The club is finally acting like the financial powerhouse it is.

We are not just talking about big numbers. We are talking about the message it sends. If Liverpool land Isak, it tells the football world that this club is not just back, but back with a purpose. This is a club with vision, resources and belief. And now, at last, it is putting those pieces together.