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THE ROAD TO MADRID: Man Utd‚ Arsenal and Liverpool name Champions League squads as Iraola snubs two senior Reds stars
MAC ATTACK! Liverpool star backs up contract demand with sumptuous winner as Reds come from behind to beat Atletico Madrid in Champions League
The big-spending superpowers of world football splashed the cash to record levels this summer‚ but who has the most expensive squad? Once known for their shrewd‚ under-the-radar dealings in the transfer market and eye for a bargain‚ Liverpool have changed their approach now‚ opting for the best players money can buy rather than filling out squad depth. And that's reflected in the CIES Football Observatory stats boffins' rankings‚ with the Reds in top spot.
Federico Chiesa's Liverpool career has taken another hit after he was omitted from their UEFA Champions League squad. The Reds have submitted their 25-man squad for Europe's elite club competition which begins on Tuesday. Liverpool begin their quest for an seventh European Cup when they face Atletico Madrid at Anfield on Wednesday night.
Jamie Carragher believes Liverpool boss Andoni Iraola needs to have an awkward conversation with his vice-captain Dominik Szoboszlai and move him to right-back permanently. Szoboszlai‚ 25‚ was rewarded with a new £350‚000-a-week contract this summer after being named Liverpool's Player of the Season for his impressive performances in midfield last campaign - one of the few positives in what was otherwise a disappointing season for the Reds under Arne Slot. Despite establishing himself as a mainstay in midfield‚ the Hungarian has also been called upon to deputise at right-back‚ doing so sporadically last season and again during the second half of Liverpool's 2-2 draw with Nottingham Forest on Saturday.
Gary Neville has accused Liverpool of leaving Andoni Iraola with an uncompetitive squad due to their 'bizarre' transfer dealings this summer. The pundit is flabbergasted to see the Reds potentially selling Cody Gakpo to rivals Manchester City for £85million.
‘Deal on' - Fabrizio Romano drops exciting Liverpool update as Reds make official contact ahead of deadline day
Liverpool are clear that they want two to sign two more forward players before they contemplate letting go of the Dutchman‚ who is contracted until 2030 after signing a long-term extension last year. The Reds are set to complete the £123million signing of Bradley Barcola from Paris Saint-Germain and his preferred position is on the left‚ where Gakpo often plays.
Jamie Carragher has urged Liverpool's summer signings from last year to do better or face being branded as the worst collection of transfers in Premier League history. The Reds spent £445million ahead of the 2025-26 campaign as they looked to defend their Premier League title won in 2024-25. Liverpool broke the Premier League record twice that summer - signing Florian Wirtz for £116m before then breaking that to sign Alexander Isak for £125m.
Liverpool goalkeeper Alisson has been the victim of Premier League rule-changes - as he has been named a vice-captain but is likely to never wear the armband. Rules that came into play last season stipulate only the team captain is permitted to approach the referee to discuss major decisions or flashpoints in the game. As it would not make sense for Reds shot-stopper Alisson to run the length of the pitch to debate‚ for example‚ a penalty shout‚ he is likely to never wear the armband.
Liverpool have confirmed the signing of Barcelona captain Ronald Araujo on a season-long loan with an option to buy. The 27-year-old defender flew to Merseyside on Sunday afternoon and has since completed his medical. The Reds have the option to purchase the Uruguay international at the end of the campaign for £47million.
LIVERPOOL 2-4 LEEDS - THINGS WE LEARNED: In the Reds' final game of this pre-season tour‚ early goals from young defender Luke Chambers and Florian Wirtz had Liverpool on their way to a perfect trip but‚ after both teams made half-time changes‚ Leeds vastly improved to triumph. At the home of NFL side Chicago Bears‚ two American football-style throw-ins undid Liverpool as Dominic Calvert-Lewin scored a brace. Joe Rodon and Sean Longstaff also bagged for Daniel Farke's side as Leeds bombarded the penalty area with set-pieces.
LEWIS STEELE IN CHICAGO: Van Dijk has begun work back in Liverpool but is not on the pre-season tour‚ while fellow centre back Jeremy Jacquet is yet to feature and Giovanni Leoni is still in rehabilitation from a cruciate ligament injury. Gomez limped off in the Reds' opening friendly in Nashville last week with a muscle injury but Iraola has given his backing to several kids who have 'surprised' him with their ability this fortnight.
The Reds are preparing their first offer for the Paris Saint-Germain winger‚ who is valued at £145million. They do not want to pay the French club's asking price and hope a deal can be done for a smaller figure.
Andoni Iraola has identified two areas of concern and has issued an indirect appeal to transfer chiefs to kick on with summer plans. The Reds have had a slow window thus far with only one arrival in Spanish World Cup winner Victor Munoz from Osasuna. But Iraola issued a hands-off warning for Alisson and Alexis Mac Allister‚ who have been tracked by foreign clubs‚ and insisted he wants to add to his squad.
Liverpool have confirmed that midfielder Dominik Szoboszlai has put pen to paper on a new long-term deal at the club. The Hungary captain has been rewarded for his impressive performances in what was a disappointing campaign for the Reds last term. The bumper new contract is set to keep Szoboszlai at Anfield until 2031 and represents a big box ticked for the club after the departures of Ibrahima Konate and Trent Alexander-Arnold to Real Madrid on free transfers in recent years.
Michael Edwards is leaving his role as CEO of Football Operations for Fenway Sports Group. The 47-year-old has overseen enormous success at the Reds across two spells - first as the club's sporting director between 2016 and 2022.
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