Picture Liverpool fans waking up to news of big-money signings and dynamic squad changes every other day—that’s been the reality this summer.
The Merseyside giants have splashed out £295 million on seven new players, yet insiders say there may still be unfinished business before the window slams shut.
All the Arrivals: Big Names and Bold Moves
So far, Liverpool has gone all-in. They landed Florian Wirtz from Bayer Leverkusen for a staggering £116 million, edging out Manchester City, Bayern Munich, and Real Madrid.
Then came Jeremie Frimpong (£29.5m) and Milos Kerkez (£40m) bolstering both flanks.
Up front, French star Hugo Ekitike arrived from Eintracht Frankfurt for £79m.
And in goal, Giorgi Mamardashvili, Freddie Woodman, and Armin Pecsi have joined to strengthen the position across all levels.
Departures include Trent Alexander-Arnold to Real Madrid (£10m), Luis Diaz to Bayern Munich (£65.5m), Jarell Quansah to Leverkusen (£35m), plus smaller deals for Nat Phillips, Vitek Jaros, and Caoimhin Kelleher.
What’s Still Missing in the Mix?
Even with huge spending, Liverpool might not be finished.
If Darwin Nunez and Federico Chiesa move on as expected, the club could be left with just Salah, Gakpo, and Ekitike as senior attacking options.
While teenagers like Rio Ngumoha shone in pre-season, Liverpool still feel a marquee striker is needed—hence the pursuit of Alexander Isak, even after an initial bid was rejected.
Defensively, they’re stretched thin too. With Quansah gone, Van Dijk aging, Konate’s contract still unresolved, and Gomez injured, Liverpool need reinforcements at centre-back before the window slams shut.
Money Talks: Are the Resources Still There?
Yes, absolutely. Liverpool’s new £60m-a-year kit deal with adidas, strong matchday and Champions League revenues, and savvy player sell-ons (over £190m recouped from departures) leave them plenty of room to spend.
Financial Fair Play isn’t an issue—thanks to prize money, commercial partnerships across Asia, and sponsorship deals, the club has flexibility to sign Isak and a defender without breaching rules.
Isak and Others: Who Are They Actually Targeting?
The main target right now is Alexander Isak.
Despite Newcastle rejecting their first offer and initially refusing to sell, Liverpool hopes that persistent interest—plus Isak training away from Tyneside—might soften Newcastle’s stance, currently pegging his price at £150m.
At centre-back, Marc Guehi of Crystal Palace is on their radar, but Palace’s £45m price tag seems steep.
Other options under scouting include Joel Ordonez, Konstantinos Koulierakis, and Giovani Leoni, though no formal bids have been lodged yet.
Who Could Be on the Way Out?
To balance the squad and the books, several departures may still be coming.
Harvey Elliott has interest from West Ham (Liverpool wants £45m), Nunez has Saudi offers (~£70m), and Konate may leave next year if his contract isn’t resolved.
Tyler Morton, Ben Doak, and others like Lewis Koumas and Calvin Ramsay are also tipped for loans or permanent exits as Liverpool reshapes the squad for Isak and defensive reinforcements.
Final Thoughts: Is It Still ‘Done’ at Anfield?
It may look like business is wrapped—£295m spent and top-tier names signed—but Liverpool clearly feel they’re still a striker and defender short.
With Isak still chasing a move and depth needed across the squad, expect one or two more arrivals before the transfer window closes.