Kieran Maguire salutes Liverpool for turning £50m into £120m after Athletic reveal
Liverpool are able to charge “premium prices” for players reared in their academy – and it is proving to be a superb source of income.
So says finance guru Kieran Maguire, speaking exclusively to Football Insider after Harry Wilson’s departure to Fulham.
The Athletic reported on 27th July that his £12million exit means Liverpool have made £120m from selling academy graduates in the past five years.
It is claimed that the youth programme costs £10m-a-year to run, meaning Liverpool have made £70m in profit from a £50m investment.
That figure does not take into account loan fees and the report asserts that the Merseysiders have received £5m from Wilson in this area alone.
Maguire saluted Liverpool’s strategy when it comes to maximising profit from their academy setup.
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He told Football Insider correspondent Adam Williams: “It’s a brilliant income driver and it’s indicative of a certain strategy taken by many senior clubs.
“They are able to command premium prices because they effectively have a kitemark because it’s Liverpool.
“Would Fulham be willing to spend up to £12m on a player who has ultimately not played a lot of Premier League football.
“He is someone who is relatively inexperienced. Had he come from another club, they wouldn’t have been able to generate the same amount of cash.
“Liverpool comes with a seal of quality, of authority. That has proved to be very beneficial.
“For £10m-a-year, given that they are also producing players for the first team, it is good value.”