A few days ago, Liverpool cashed in around £200 million as owners Fenway Sports Group sold a minority stake to American firm Dynasty Equity, and there have been suggestions that the newly gotten money could be used to boost the playing squad under the command of manager Jurgen Klopp.
According to several relevant sources, the money will be used for something else – to reduce bank depth and cover the costs of projects like the ongoing redevelopment of the Anfield Road stand at Anfield, or as others have put it, to keep the club’s books healthy and achieve financial stability over a longer period of time.
Klopp was unsurprisingly asked about all this at his press conference ahead of the match against Tottenham Hotspur on Saturday.
“I can understand that people see money in football as all about spending and I get that,” he said.
“I am part of it in moments and I want to spend money as well, but people should not forget that we are building a new stand…we already built another stand and the training ground, a lot of stuff that keeps the club in a healthy state for a long, long time.
“If somebody comes in and helps us to do it that’s absolutely great. It’s not that we need a budget of £200million that we can spend for the team, but the better place that we are in the more we can spend anyway.”
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