Liverpool's model faces toughest examination yet unless FSG engineer Mohamed Salah transfer
5 min read
fairly easy
Liverpool under FSG have been extraordinarily successful at shifting players for big sums. Barring Mohamed Salah, the squad is no longer full of obvious assets.
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The £142m deal that took Philippe Coutinho from Liverpool to Barcelona in 2018 is widely regarded as one of the best pieces of transfer business in Premier League history.

A player signed for £8m sold for a £134m profit without weakening the team and allowing for two transformational signings in the form of Alisson Becker and Virgil van Dijk, two additions that turned Liverpool from nearly men into the kings of England and Europe, was a deal conducted at the high watermark of European spending.

In a pre-Covid world, where Barcelona and Real Madrid were still the dictators of the transfer market who could pull the strings to seemingly get any deal done, cash was king and Liverpool held out and then invested it wisely. It was a transfer that laid the foundations for the 2019 Champions League success and a first English league title in 30 years the following year.

But it hasn't just been Coutinho with whom Liverpool have had success.

Names like Jordon Ibe, Rhian Brewster and Dominic Solanke come to mind when you think of good business. None of those three players made much of an impact at Anfield, but off the pitch they netted the best part of £60m for Liverpool with deals to Bournemouth (twice) and Sheffield United.

This summer saw the likes of Marko Grujić, Harry Wilson and Xherdan Shaqiri depart, but with no bites at the price Liverpool wanted for players such as Divock Origi and Nathaniel Phillips. Even though sales of Grujić, Wilson, Shaqiri and Taiwo Awoniyi yielded returns of some £38m, it was far less than what the Reds would have been hoping for in a pre-pandemic market, especially for players with more experience and, arguably, quality than the likes of Ibe, Solanke and Brewster.

That is a sign of the market, but it is also a sign that…
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