I'm hearing on podcasts and on here that as Liverpool were so frugal in recent years we can afford to spend a shitload this year - and it seems we are.
But, if PSR is calculated over 3 years, does it mean we have to be frugal again for the next 2 years?
Semantics, but PSR (Premier League rules) is really not a concern. We'll be nowhere near the PL £105m limit. It's UEFA's FFP / FCR rules we need to manage.
There is an element of this being a one-off summer. But part of the reason we were so frugal recently was to pay for the Annie Road which is obviously now completed. Not only is it no longer a drain on cash resources, but it's also generating more income for us. So whilst we probably can't spend like mad in the next few years, we won't need to be as frugal as in the last couple of years as our revenue base will be higher, giving us more cash to spend. More on-field success and commercial growth will also help.
Finally, how much we realise on sales this summer will also massively affect future windows (both in terms of profit for FFP, and in terms of how much it takes out of our wage bill). The fee for Quansah will have been almost total profit, but the wage saving comparatively small. It'll be the same for Harvey, but selling Diaz and Nunez will take a good chunk out of our annual wage and amortisation bills, with the former likely generating a nice profit too.
There are lots of moving pieces and which players leave will have more impact on FFP than the ones who arrive, but I know the club will be all over that and will understand how each move affects things.
I also expect they'll have plans for 2 years from now when we probably say goodbye to Mo and Virgil, because it'll cost a fortune to replace those two with similar quality. There'll be a long-term plan to replace those two.