Liverpool’s transfer boost: Premier League’s game-changing policy unveiled with earnings report
In the midst of Jurgen Klopp’s active summer transfer spree, Liverpool eyes a defensive-minded midfielder to strengthen their squad further. The urgency heightened with the potential departure of Jordan Henderson and Fabinho to Saudia Arabia.
However, Liverpool’s transfer hopes receive a significant boost as the Premier League introduces a new payment merit system. Following a disappointing 2022/23 season that left them fifth in the Premier League table, the club is set to receive a substantial £25 million due to the surge in international broadcast revenues.
The Premier League’s website reveals that from the 2019/20 season, it was agreed to maintain equal share payments between clubs, even if international broadcast revenues rose. With international broadcast rights now worth £1 billion more than the previous year, merit payments to clubs will see a considerable uplift.
The merit system allocates the increase in revenue based on each club’s season finish. For Liverpool, this means a reported increase from just under £7 million to approximately £32.5 million, representing a remarkable rise of £25.5 million.
This windfall comes at a crucial time, as Liverpool’s budget had already been constrained due to their failure to qualify for the Champions League. The additional funds could prove pivotal in securing potential signings, including Crystal Palace midfielder Cheick Doucoure, who may be available for £35 million this summer, according to Football Insider.
With the Premier League’s new merit system potentially reshaping the landscape of the transfer market, Liverpool is poised to capitalize on the financial opportunity to bolster their squad and compete at the highest level once again.