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Liverpool Gossip: Big Money Windfall and West Ham Exec in Spotlight

Liverpool Gossip: Big Money Windfall and West Ham Exec in Spotlight

Liverpool are all set to embark on a new era after the end of the 2023/24 season, with Jurgen Klopp recently confirming that he intends to leave the club after this campaign is over.

The decision has stunned the entire football fraternity, as the Reds’ faithful now ponder what lies in wait for them beyond this season.

The club have (understandably) not been able to name a replacement for him this early and will probably take their sweet time deciding the next step after the Klopp era.

With that being said, it appears that whoever will be the next Liverpool manager will actually be afforded a lavish introduction, at least in terms of dictating the kind of signings they want to improve the squad.

That is because as per journalist Mo Chatra, the next Liverpool boss should have a sizeable transfer warchest available for the 2024 summer window. 

The Reds are expected to get a big money windfall because the club are expected to announce a huge yearly turnover of over £600 million and also make reasonable profits for the 2023/24 season.

A major reason behind Liverpool being able to make a profit is because last summer, a number of expensive contracts for players expired (like Naby Keita and Alex Oxlade-Chamberlain) and the club doesn’t have to give UEFA Champions League bonuses this season either.

But another important decision that the FSG (Fenway Sports Group) have to make alongside the appointment of a new manager is also the appointment of a new sporting director.

Current director Jorg Schmadtke’s exit is imminent and Liverpool would want an executive who can co-exit and work hand-in-hand with the manager when it comes to dealing with transfers and contract extensions.

Recently, Fabrizio Romano revealed that Liverpool actually tried to tempt their former sporting director, Michael Edwards, to come back in the role and have a more influential position at the club.

However, the Englishman ended up rejecting them and now, Football Insider claims that the Reds are trying to tempt West Ham United’s sporting director Tim Steidten to join the club.

Steidten has come into the spotlight after doing some impressive work at West Ham since joining the club last year, having helped them rope in qualiy players like James Ward-Prowse, Mohammed Kudus and Edson Alvarez for respectable fees too.

Liverpool are a club whose success in the Klopp era revolved around the manager and the sporting director(s) he worked alongside, so it’ll be pivotal for the club’s hierarchy to appoint only the best possible personnel to ensure that they don’t self-destruct after Klopp leaves.