Liverpool ‘virtually certain’ to sign NO ONE this summer due to financial impact of coronavirus… meaning Jurgen Klopp will miss out on a swoop to RB Leipzig striker Timo Werner
- The news is grim reading for the financial positions of Premier League sides
- Liverpool would have pursued targets Timo Werner and Houssem Aouar
- But the duo are likely to command a fee of at least £40million this summer
- Liverpool will still look to get rid of out of contract and peripheral players
- Here’s how to help people impacted by Covid-19
Liverpool look set to not sign a single player this summer as the club adjust to the impact of the coronavirus crisis, according to reports.
The news comes as further grim reading for the financial positions Premier League sides find themselves in, with the drastically reduced incomes as a result of the pandemic reportedly seeing them cut spending in the transfer market.
And The Daily Mirror claim that under normal circumstances, the Reds would have pursued long terms targets in Timo Werner and Houssem Aouar, with both players followed closely over the past three seasons.
Champions-elect Liverpool are reportedly almost certain not to sign any player this summer
But with the duo likely to command a fee of at least £40million each, it is claimed even the second richest club in England will have to adjust their budgets to recognise the economic turmoil of the coronavirus crisis.
Werner does have a clause in his contract but RB Leipzig are demanding a fee verging on £50million should he leave this summer, while France international Aouar is valued at around £40m by Lyon.
The report also claims the Reds are budgeting for the expected loss of income even if the Premier League season is completed.
Despite TV money being paid if the remaining fixtures are played, all clubs will still lose out on match day income due to games being played behind closed doors.
Liverpool are having to cut costs to manage the financial impact of the coronavirus crisis
The report even suggests that Liverpool have began budgeting for next season, with predictions that top-flight matches are unlikely to take place with crowds until well into 2021.
Losing match-day revenue could allegedly see sides miss out on £3million per game and around £100million if all of next season has to be played behind closed doors.#
Therefore Liverpool, in the knowledge that they can ill-afford the heavy financial burden of a transfer market, will reportedly go into next season with no fresh faces.
However, the club will still look to clear the squad of players who are out of contract or are on the peripheries of Jurgen Klopp’s side.
That means the club will miss out on the likes of RB Leipzig and Germany star Timo Werner
Liverpool’s finances are in good shape compared to every other Premier League club.
The Reds were due to overtake Manchester City and even catch up with arch-rivals Manchester United with their gross revenue before the pandemic struck.
And their stance this summer is likely to be reflected by all this summer, with the Manchester clubs also likely to reign splashing the cash.
There is reportedly also grave concern about the potentially catastrophic loss of match-day revenue for sides further down the table, with Brighton, Southampton and Everton having made substantial losses in the recent past.
They had also been tracking Lyon’s Houssem Aouar but that deal will go on the backburner
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