Liverpool fans are disappointed after losing out on Leny Yoro to Manchester United, but Fenway Sports Group (FSG) has a history of strategic moves in the transfer market to mitigate such losses.
Earlier this year, FSG brought back Michael Edwards as their first-ever chief executive of football.
Edwards, celebrated for his transfer acumen, has returned to oversee Liverpool’s new chapter, especially crucial with Jurgen Klopp’s departure after nine successful years.
Edwards’ first major decision was appointing Richard Hughes as Liverpool’s sporting director.
Hughes, sharing Edwards’ philosophy, aims to maximize value in both incoming and outgoing transfers.
Liverpool’s transfer strategy remains patient and prudent, often resisting the summer window’s frenzy.
This approach has occasionally frustrated fans, especially with recent reports of Manchester United nearing a deal for Lille’s Leny Yoro, whom Liverpool had eyed as a “generational talent.”
However, Liverpool has a track record of such strategic patience.
For instance, they avoided bidding wars for players like Mason Mount and Jadon Sancho, whom Manchester United eventually signed.
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Instead of overpaying for Mount, Liverpool focused on more feasible targets, like Dominic Szoboszlai.
Similarly, despite Klopp’s admiration for Sancho, Liverpool didn’t engage in a prolonged negotiation process that led United to pay £73 million for him. Instead, Liverpool later signed Luis Diaz for £50 million.
Both Mount and Sancho have struggled at United, highlighting the risks of early, high-stake commitments in the transfer market.
A notable example of Liverpool’s prudent approach was in the summer of 2020 when they decided against meeting RB Leipzig striker Timo Werner’s release clause amid financial uncertainties due to COVID-19.
Chelsea quickly signed Werner, leaving Liverpool fans questioning FSG’s support for Klopp after a historic Premier League win.
Liverpool’s patience paid off. Later that year, they signed Thiago Alcantara and Diogo Jota.
The latter deal, in particular, showcased Edwards’ market intelligence, acquiring a highly sought-after player for £41 million from Wolves.
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Jota has since proven to be a valuable asset for Liverpool.
FSG’s calculated approach, led by Edwards and Hughes, emphasizes long-term benefits over immediate gratification.
This strategy ensures that Liverpool remains competitive without succumbing to impulsive decisions, ultimately setting the club up for sustained success.