Liverpool are set for a big summer of spending, despite what the public opinion is of the newly crowned European champions.

Football finance expert, Kieran Maguire believes that as much as £150m could be shelled out by the Reds in order to strengthen every single position of the squad.

“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 on the Blood Red podcast. “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.”

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

See Also: Liverpool FC Highest transfer fees paid and received ever

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