Pundit hails FSG after 'massive' £325m Liverpool reveal
Paul Robinson is adamant Liverpool owners FSG have made the right decision by investing their capital in contract renewals as opposed to signings.
Speaking exclusively to Football Insider, the former England number one said it is very difficult to improve Jurgen Klopp's side which is why it is wise to tie the current crop of players down to new deals.
According to the Liverpool Echo, as reported by Anfield Watch (14th September), Liverpool's payroll is the second highest in the Premier League at £325million.
The Reds' wage bill has increased a staggering 93 per cent since 2015 while revenue growth has increased by just 63 per cent.
Virgil van Dijk, Jordan Henderson, Trent Alexander-Arnold, Andy Robertson, Alisson, Fabinho, Harvey Elliott and Nat Phillips all penned new deals this summer.
When asked by Football Insider's Dylan Childs for his thoughts on the Liverpool wage bill overseen by FSG, Robinson said:
"Yes, it's a massive wage bill but when you win the Champions League and win the Premier League you have to pay players big wages.
"They were not active in the transfer market and there was a lot of smoke and mirrors during the window but it is difficult to improve that team.
"They have got four players back that missed a big chunk of last season. You don't write them off. On their day they are unplayable.
"When you have the quality of player they have you have to pay them well to keep them. That is what they've done this summer.
"You have to weigh up how much it costs to replace a player. Liverpool have reinvested their money in their current squad by handing them new contracts.
" Look at Virgil van Dijk, where are you going to find another Van Dijk. You would need to pay £70million to get a player like him so you're better off investing the money in keeping these players there."