The figures show FSG are second-to-bottom in a Premier League table and that may be cause for concern ahead of Liverpool’s summer rebuild.

It appears to be a critical summer for the reputation of Liverpool owner Fenway Sports Group.
It’s hard to assess of course, but you get the feeling that if FSG were to sell the club now, their tenure would be widely viewed positively.

Yes, he made some serious mistakes, including his starring role in the ill-fated Super League draft, but that was overshadowed by the on-pitch success Liverpool have enjoyed since FSG acquired Jurgen Klopp in 2015.

The German handed the club their first Premier League title after a 30-year wait, propelled the Reds to European champions for the sixth time and also lifted four other major trophies. Bringing him to Anfield is John Henry’s crowning achievement.

In addition, the regime has invested heavily in improving the club’s infrastructure, increasing the stadium’s capacity to over 15,000 by expanding the main stand and Anfield Road and building a brand new training ground.

However, frustration is now growing in some quarters and there is a feeling that FSG’s underinvestment (Liverpool are mid-table in terms of net spend during the Klopp years) risks revealing the potential of a legendary core. and one of the best managers the club has ever had.

The club are knocked out of the Champions League for the first time since 2016 and it could have been avoided.

If Liverpool fail to return to their peak and win more of their greatest trophies in the remaining years, the overriding question remains what could have been – although there is plenty of hope for dramatic improvement next season.

The challenge this summer is to prove that the Reds will be back in the hunt after a difficult period. The hope is that Liverpool can create a transformative transfer window similar to 2018 to propel themselves to the top.

However, it’s worth remembering that the club’s total spending this year of $292m (£228m/€267m) was largely due to the sale of Philippe Coutinho to Barcelona, ​​who was part of a $202 million (£158 million/€185 million) inflow in January.

Even the highest spend in the club’s history has remained within FSG’s self-sufficient model. And figures recently released by The Athletic show just how limited those principles can be.

It turns out that Liverpool are 19th on less than $47m (£37m/€43m) in the Premier League over the past five years. Manchester City, who have won four of the last five titles, are up $151 million with their very different model.

Many would say this is one of the main reasons why Liverpool are in their current position, 22 points behind the treble winners of the final table.

Looking ahead, however, the real concern is that this approach appears to be at odds with the team’s current transfer needs, especially as revenue will have diminished with an early Champions League exit and qualification. later for the Europa League.

Liverpool ideally need an injection of cash from outside, which they haven’t had in recent years given the need for two more midfielders and a defender following the signing of Alexis Mac Allister.

The club may still be able to meet those demands without help from the FSG, but will those players be of the right caliber to restore Liverpool’s title credentials? This is the big question that remains to be answered.

The Daily Mail’s Alex Miller recently reported that Henry and co. they are expected to close a deal with an investor in the summer, and the above numbers expose the need for this move to help close the gap.

It could be the biggest deal to close in the coming months as other clubs close to Liverpool continue to spend money with no sign of slowing down.

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Bayern Munich getting ready £44m bid to beat Liverpool to Juventus superstar

Bayern Munich are reportedly preparing a bid to sign Juventus winger Federico Chiesa, with Liverpool also eyeing the Italy international.

According to TuttoMercatoWeb, the Bavarian giants are ready to make a €50m (£44m) bid to bring the Serie A superstar to Germany, with Bayern hoping to beat teams like Liverpool to Chiesa while Juventus try now to sack the winger.

The Italian side’s financial situation means virtually every player is now on sale at the right price, including the likes of Chiesa, while Bayern seek to exploit Juventus’ woes by poaching one of their most valuable assets. more valuable.

Hailed by fans as an “unrelenting diamond”, Chiesa is heavily linked with a move to Liverpool this summer after returning from a year-long injury last season. However, despite strong rumors that the Reds could be interested, Bayern could now give them the win.

Indeed, Thomas Tuchel’s side are set to undergo a massive squad overhaul this summer after coming so close to winning the Bundesliga title last season.

And Chiesa could be an excellent signing for the Germans, although Liverpool may now be considering making a rival offer for the full-back.

Liverpool cannot allow Chiesa to switch to Bayern so easily

Chiesa is arguably one of the best wingers in the world when fully fit and in shape, and for Liverpool the Reds cannot get the striker to Bayern as easily as has been reported, with the Juventus striker being ideal for the Jurgen Klopp’s system.

While Liverpool are in no rush to expand their attacking ranks, a player as good as Chiesa shouldn’t escape the fingers of Anfield. Merseyside Giants this summer.