Kieran Maguire: Liverpool transfer budget boosted by ‘£20m’ after Robertson confirmation

Liverpool have “paradoxically” freed up some of their transfer budget by tying Andy Robertson down to a new contract.

So says finance guru Kieran Maguire, speaking exclusively to Football Insider after Liverpool confirmed the left-back’s new deal on 24 August.

The 27-year-old is now committed to the club until 2026 and is one of several Liverpool stars to pen fresh terms this summer.

Fabinho, Virgil Van Dijk and Alisson Becker have all pledged their future to the club as well.

And Maguire reveals that the Merseysiders may actually see their transfer budget boosted because of the renewals.

He told Football Insider correspondent Adam Williams: “By locking in the players, it’s beneficial from a strategic point of view.

“But secondly, it reduces their amortisation charges. So it’s good from a profitability and financial fair play point of view.

If you’ve got a player who is in the books as being worth £20m and he has one year left on his contract, the amortisation cost would be £20m.

“If you get him to sign a two-year extension, he’s now on the books for three years and that amortisation cost goes from £20m to £6.7m.

“So it allows you to give pay rises to players and keep them happy.

“And, paradoxically, it does actually free up some more of your transfer budget because you’ve reduced the amortisation cost in the interim.

Liverpool

“It’s positives all around. Liverpool are still slightly scarred from that period when they were seen as a development club.

“They lost Sterling, Coutinho, Suarez. Therefore, they want to keep the likes of Robertson. It’s clear that’s their focus at present.”

In other news. pundit tips Liverpool to “blow everyone away” with secret signing after Romano reveal.