Tuning The Red Ferrari?
The summer transfer window is now closed so let's take a look at Liverpool's transfer activity for the last 5 seasons using the data from lfchistory.net. FSG purchased Liverpool in October 2010, so this period covers all the seasons under the control of John Henry and Tom Werner.
This summer's activity has seen purchases of £86M*, sales of £70.4M giving a total net spend of £15.6M. Liverpool's average transfer net spend since the summer of 2011 is £24.7M per season. This average net spend figure is a useful, though limited, measure of the change to the baseline squad per season. Depending on your point of view, you can think of the net spend as some fine-tuning to the red Ferrari or the next set of parts for the kit car.
*This includes an estimated fee of £6M for Danny Ings, with the actual fee still to be agreed by a tribunal.
This article was first published here on lfchistory.net on 2nd September 2015.