The CEO of Liverpool says that the club’s summer spending has been “years in manufacturing”
Liverpool’s high money investment in transfers is the result of long -term planning, said club CEO Billy Hogan, adding that the victory of a 20th Record English high flight convinced the club, it was time to act as modern power.
Liverpool’s latest acquisition, French striker Hugo Ekitike from Eintracht Francfurt in an agreement worth 79 million pounds (106.84 million dollars), including additional modules, took the club’s transfer expenses to nearly 300 million pounds. It is also said that weighing an agreement of 100 million + for Alexander Isak.
Expenditure, six players including Trent Alexander-Arnold, have so far generated around 64 million pounds.
Expenditure marks a net difference in the traditionally measured Liverpool approach on the market. However, Hogan insists that the club did not rule out the club’s financial sustainability policy.
“It does not happen; it’s been years in the making,” Hogan told The Athletic in an interview.
“One of the things we are constantly focused on is this” virtuous circle “. Trying to manage the club in the right way to make sure that we can generate as much income as possible. This obviously helps in terms of being able to put more back on the team.
“The difficulty is that if you just look at an individual summer. It probably distorts the data. There was a lot of comments last summer that we did not spend enough …”
Hogan explained that the approach reflects the ambitions of Fenway Sports Group (FSG) led by the Americans, who seeks to rely on the title of the Premier League of last season under the manager Arne Slot.
“We also recognize, after winning the title of the English League for the 20th time, that it is one of the biggest clubs in the world. We want to make sure that we comply like a” “ He added.
“The fact that massive world stars come to play in Anfield, filling the stadiums in Hong Kong and Japan, these are things we expect and that we want to do.”
Liverpool will face AC Milan in Kowloon, Hong Kong on Saturday, before taking the Yokohama FM in the J League World Challenge in Yokohama on Wednesday. They start their first league title at home against Bournemouth on August 15.
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