Why Liverpool FC can still afford Alexander Isak transfer

Including add-ons, Liverpool have already spent £264.5 million on Florian Wirtz (£116m), Hugo Ekitike (£79m), Jeremie Frimpong (£29.5m) and Milos Kerkez (£40m).

In addition to that, Giorgi Mamardashvili‘s arrival for £30 million has been completed, plus Armin Pecsi‘s signing for £1.5 million – and there is still more business to be done.

Isak has told Newcastle of his desire to leave and will command in excess of £120 million, likely closer to £150 million, while Marc Guehi is also of interest at centre-back.

It would be a significant outlay, but football finance expert Kieran Maguire says Liverpool can spend another £200 million and still be compliant within financial regulations.

So, with Liverpool spending at will and armed with further funds, the biggest question for rival supporters is how are they capable of doing so?

 

Liverpool ‘have kept their power dry’

NOTTINGHAM, ENGLAND - Tuesday, December 14, 2025: Liverpool's Federico Chiesa before the FA Premier League match between Nottingham Forest FC and Liverpool FC at the City Ground. (Photo by David Rawcliffe/Propaganda)

The Premier League‘s Profitability and Sustainability Rules (PSR) have dominated discussion this summer as clubs balance the need for signings while operating within the rules.

Essentially, clubs have to limit their losses over a three-year period and cannot lose more than £105 million in that timeframe – it is designed to help maintain financial stability.

There are allowable deductions, however, for investment in infrastructure, the academy, the women’s team and community initiatives – and a few loopholes of sending players back and forth.

UEFA has its own set of rules, which are known to be stricter than the Premier League‘s, and we have already seen sanctions handed out over the years domestically and in Europe.

Now that has been said, Liverpool have little to no concerns when it comes to breaching PSR as they have spent carefully while sanctioning smart sales for a modest net spend.