I have been very reluctant to get involved in this thread, and have watched Phil fight a valiant rearguard action on his own with great admiration, often agreeing with his responses.
However..... FSG appear to have some red lines they are unwilling to cross and it looks like intransigence when flexibility is needed. It has never been their model for the club to borrow money (whether from FSG themselves or other banking facilities) to buy players. It also looks as if they have a level of wages/turnover ratio they have previously been unwilling to breach. This will be breached over the course of this season and this seems enormously problematic to them.
Up to this point they have proved incredibly adept at slowly building the club to a point where we have a world class team, paid world class salaries, making a mockery of those who said that they would never pay the transfer fees or wages required for the best players (hiya Molbz 😉). They’ve done this by being better/more intelligent in the transfer market than anyone else.
What’s required now is for them to work with Klopp and continue to be better/more intelligent than everyone else. Borrowing money at the moment, with interest rates so low does not come with significant risk, especially if the asset(s) bought with this money could well appreciate in value.
A note of caution though to those who think we should be in the conversation for Werner/Sancho. Even if the pandemic hasn’t hit, we would be struggling to match the wages Chelsea and Utd are offering. We have proven world class players who are trophy winners and leaders who would be on less than Werner (250k at Chelsea) and Sancho (over 300k at Utd). It would be an immediate imbalance and our squad is so tightly knit and that harmony has been such a part of our success that there should be an overall reluctance to match those wages, and therefore some players/agents will go elsewhere, regardless of their affinity to Klopp/Liverpool.
There’s are additional issues of buying short term for one season and not being able to offload players and free up the salary for a return to normality next season and the level of player we require being available. I keep seeing talk of back ups, when the best strategy is to buy better than what you have now, or with the potential to improve to that level quickly.
Maybe FSG have done some pandemic modelling themselves (Henry made his billions on following trends with mathematical models) and it shows the likelihood of no champions league going ahead due to continuing waves of the virus and quarantines is too high to gamble on high spending. Our owners are not the divvies in charge at West Ham, Villa or Everton. We are also currently having to pay every bonus to the players and every add ons to every club for every transfer, as well as any standard transfer liabilities.
Still..... the issue remains that there can be flexibility and our overall robust financial approach means that we would be in great shape post pandemic, even with additional borrowing. This ain’t about starting to flap because other team are buying players, but maintaining the very highest standards and committing to and matching the constant demands for improvement instilled by Klopp into his squad.
Thiago, a fine young centre half and letting Origi go to be replaced by Sarr would represent the right kind of approach but it’s not even clear that FSG will stretch to this. We simply have to. Otherwise FSG o.....