By Kieran Maguire

1st Oct, 2023 | 11:48am

Kieran Maguire: Liverpool set for transfer boost after £80m+ deal agreed - 'mission accomplished'

FSG can boost the transfer budget at Liverpool if they use their new investment deal to pay off club debt.

That is the view of finance expert Kieran Maguire, who explained to Football Insider that the American owners have traditionally kept on top of any debts at Anfield.

The Merseyside club announced on Thursday (28 September) that FSG have accepted minority investment into the club from global sports investment firm Dynasty Equity.

As reported by the BBC, the deal is worth between £82m and £164m in return for a small portion of FSG’s stake in the club.

Football Insider revealed on Friday (29 September) that FSG intend to clear all debt accrued by Liverpool following the investment deal.

Liverpool’s 2021/22 accounts revealed that the club had a net debt of £74million and an inter-company debt of £71million, although that figure will have grown as a result of Liverpool’s Anfield expansion project.

Maguire explained that paying off debt at Liverpool will impact the club’s transfer budget and wage budget by reducing interest costs.

“You can see the benefit from FSG’s point of view,” Maguire told Football Insider’s Sean Fisher.

“They’ve got control over the operational and strategic direction of the club, but they’ve generated some short-term cash.

“If that is used to pay down debt, then that reduces your interest costs, which means there’s more money for the transfer budget and for the wage budget and so on.

“FSG have traditionally kept on top of any debt at Anfield during their ownership.

“I think they wanted to address this particular issue this summer.

“So from their point of view, it’s mission accomplished and they’ll be delighted with the announcement.“

In other news, Alexander-Arnold close to agreeing £55m+ Liverpool deal