
Liverpool are preparing a formal bid for Newcastle striker Alexander Isak, with talks scheduled in the next 24 hours.
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The Reds have already spent nearly £300 million this summer, landing Florian Wirtz, Hugo Ekitike, Jeremie Frimpong, and Milos Kerkez.
Newcastle reportedly value Isak at £150 million, while Liverpool’s opening offer is expected to be around £100 million plus add-ons.
A five-year contract with Isak has reportedly been agreed, and if signed, would push Liverpool’s spending beyond £400 million.
Luis Díaz’s £65.4 million move to Bayern is their only major sale, though Nunez and Elliott could follow him out.
Many fans question how Liverpool are financing this spree amid Premier League profit and sustainability rules.
However, reports claim FSG refinanced a revolving credit facility in 2024, raising the borrowing cap from £200 million to £350 million.
As of last May, just £116 million had been drawn, giving Liverpool access to over £230 million if needed, reports Express.
The club’s £83.7 million positive operating cash flow—despite no Champions League income—also adds financial flexibility this summer.
CEO Billy Hogan credits this aggressive spending to years of careful planning, now turning Liverpool into a financial and competitive powerhouse.
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