“Might need to proceed with caution” – Journalist voices concern over Liverpool’s transfer spending this summer

Lewis Steele has cautioned Liverpool against overspending in the current transfer window. Speaking on YouTube, the Daily Mail journalist noted that while the club could still bring in two more players this summer, they should be mindful of their financial outlay.

So far, Liverpool have spent close to £150 million on Bayer Leverkusen duo Jeremie Frimpong and Florian Wirtz, and they’re nearing a £40 million agreement for Bournemouth’s Milos Kerkez.

Although the newly crowned Premier League champions aren’t known for splashing huge sums regularly, new manager Arne Slot is keen to build a squad capable of challenging on all fronts in the years ahead.

Premier League profit and sustainability rules, as explained by Sky Sports, allow clubs to post a maximum loss of £105 million across a rolling three-year period. Fortunately for Liverpool, winning their 20th league title brought in around £176 million (according to This Is Anfield). They’ve also brought in additional funds from player sales: £10 million from Trent Alexander-Arnold’s move to Real Madrid, £3 million from Nat Phillips joining West Brom, and potentially more from Jarell Quansah (linked to Bayer Leverkusen), Harvey Elliott (targeted by Brighton and others), and Darwin Nunez (wanted by Napoli).

Steele believes the Reds are still targeting reinforcements in central defence and up front. Crystal Palace’s Marc Guehi and Frankfurt’s Hugo Ekitike are two names currently being linked with the club.

While there’s no immediate danger of breaching financial regulations—and therefore no risk of sanctions like points deductions or transfer bans—Liverpool’s recruitment team, led by Richard Hughes, will be keeping a close eye on the books as the window progresses. Exactly how the rest of their summer business will unfold remains uncertain.