Liverpool thought they needed to make a big-name signing this summer, but have changed their minds due to the financial restraints of the coronavirus pandemic. That’s the opinion of Reds icon Steve Nicol, who thinks Liverpool might opt against signing anyone else due to Jurgen Klopp’s desire to give youth a chance next season.
Liverpool ran away with the Premier League title last year, finishing 18 points ahead of Manchester City.
After such a dominating campaign, there was little work that could be done to improve the first-team side, though they have been linked with a few names.
Kostas Tsimkis became their first signing of the summer as he joined for £11million to become a back-up to Andy Robertson.
But they decided against signing Werner as they viewed his £53m release clause to be too much for them to fork out on a single player, leaving him free to join Chelsea.
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The striker was reportedly keen to join Liverpool in order to play under Klopp, but the Reds failed to make an acceptable bid to RB Leipzig.
Now, they are stalling over whether to fork out for Bayern Munich midfielder Thiago Alcantara, who wants to leave the German champions.
Manchester United are said to be waiting in the wings and could make a bid for the £27m man, despite having forked out £40m on Donny van de Beek.
But Nicol believes that Klopp’s desire to give youth a chance next season means they don’t need to go out spending big this summer.
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He explained on ESPN FC that because of the coronavirus pandemic, Liverpool’s finances will likely restrict them from spending too much.
The club icon did, however, concede that it would have been good for the Reds to sign either Werner or Thiago due to each player’s quality.
Nicol said: “Clearly when they were trying to sign Werner they thought [they needed a big name].
“But because of the pandemic, I’m pretty sure the finances are a little tight, and I’m pretty sure that’s the reason Werner ended up going to Chelsea and not coming to Liverpool, because of the money side of things. I don’t think it’s a lack of ambition.
“It would be great to have a player of his known quality to come in, but if the money just doesn’t fit, then it doesn’t fit.
“I’d have loved to have seen Werner [sign for Liverpool], and if Alcantara comes in then he’ll make them better.
“But right now they’re on top, they’ve got young players that I think the decisions of Klopp and how he sees them as the future will also come into it when they come to signing players.
“I’d have liked to see them sign players, but because of the money it just wasn’t happening.”
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