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Liverpool “is virtually certain not to sign ANYONE this summer due to the financial impact of the coronavirus” … meaning Jurgen Klopp will miss a blow to RB Leipzig forward Timo Werner
- The news is a grim read for the financial positions of the Premier League teams.
- Liverpool would have chased the targets of Timo Werner and Houssem Aouar
- But the duo are likely to have a rate of at least £ 40 million this summer.
- Liverpool will still seek to get rid of peripheral and contract players
- Here we show you how to help people affected by Covid-19
Liverpool appear to be ready not to sign a single player this summer as the club adjusts to the impact of the coronavirus crisis, according to reports.
The news comes as there are more grim readings for the financial positions Premier League teams find themselves in, with revenue drastically reduced as a result of the pandemic which reportedly sees current league leaders planning reduce spending in the transfer market.
And The Daily Mirror claims that, under normal circumstances, the Reds would have pursued long-term goals at Timo Werner and Houssem Aouar, with both players closely followed for the past three seasons.
Jurgen Klopp’s Liverpool are reportedly almost certain not to sign any players this summer
But since the duo will likely have a fee of at least £ 40 million each, it is claimed that even England’s second-richest club will have to suspend deals and adjust their budgets to recognize the economic crisis from the coronavirus crisis.
Werner has a clause in his contract, but RB Leipzig is demanding a £ 50m fee if he leaves this summer, while French international Aouar is valued at around £ 40m by Lyon.
The report also states that the Reds are budgeting for the expected loss of revenue, even if the Premier League season is complete.
Even though television money is paid if the remaining matches are played, all clubs will continue to lose match day revenue due to games being played behind closed doors.
Liverpool has to cut costs to manage the financial impact of the coronavirus crisis
The report even suggests that Liverpool has started budgeting for next season, with predictions that high-level matches are unlikely to take place with crowds until well into 2021.
The loss of match day revenue could reportedly cause teams to lose £ 3 million per game and around £ 100 million if the entire next season is played behind closed doors.
Therefore, Liverpool, knowing that they cannot pay the heavy financial burden of a transfer market this time, reportedly will enter the next season with no new faces before the new campaign.
However, the club will continue to seek to clear the team of players who are out of contract or who are on the peripheries on Jurgen Klopp’s side.
That means the club will miss out on players like RB Leipzig and German star Timo Werner.
Liverpool’s finances are in good shape compared to any other Premier League club.
The Reds were to beat Manchester City and even catch up with archrivals Manchester United on their gross earnings before the pandemic occurred.
And his stance this summer is likely to be reflected throughout this summer, and Manchester clubs will also reign in splashing cash.
There is also reportedly serious concern over the potentially catastrophic loss of game-day revenue for teams that are lower on the table, with Brighton, Southampton and Everton having suffered substantial losses in the recent past.
They had also been tracking the Houssem Aouar in Lyon, but that deal will be in the background.
