Liverpool's record-breaking £116 million signing of Florian Wirtz from Bayer Leverkusen positions them as strong title contenders. This high-profile acquisition not only strengthens their squad but may also sway betting markets, with punters viewing Liverpool as a formidable force in both domestic and European competitions.
Liverpool have agreed a £116 million fee with Bayer Leverkusen for Florian Wirtz, in a deal that could become a British transfer record. After weeks of negotiations, Premier League champions have secured the German international’s services with the 22-year-old becoming the most expensive Liverpool player ever. He will sign pending a medical.
Liverpool will pay an initial £100 million with a further £16 million in add-ons, based on performance triggers. Although the initial outlay does not break the British record Chelsea paid Brighton for Moises Caicedo two years ago, it has the potential to eclipse it should Wirtz’s Anfield career prove successful.
Liverpool hope that proves to be the case. Wirtz’s arrival represents a major coup as Bayern Munich and Manchester City were forced to concede defeat in the race for the German international’s signature after he indicated his preference to move to Anfield. City withdrew after citing the financial commitment required to complete the deal before the Bundesliga champions were also informed of Wirtz’s intentions.
Liverpool’s move will be seen as a major statement in their bid to defend their title, Wirtz becoming the second recruit as the promise of a ‘big’ summer is realised. Liverpool have already bought Wirtz’s former Bayer Leverkusen teammate Jeremie Frimpong for £30 million and are expected to sign left back Milos Kerkez from Bournemouth.
They were alerted to Wirtz’s possible availability as other suitors made him a prime target, thrilled to discover the prospect of playing under Arne Slot was so attractive to one of Europe’s top-rated young players. Owners Fenway Sports Group have long argued that huge funds were available for the right player and have been true to their word.
The previous Anfield transfer record - the £85 million paid for Darwin Nunez in 2022 - has been shattered. However, Liverpool recognised it was a matter of when, not if, they broke the £100 million barrier if they wanted to lure world-class players to Merseyside. Wirtz’s versatility makes him especially attractive to Slot, who made no secret of his desire to add more quality before the next pre-season.
He has been earmarked to play as a number 10 but is equally comfortable as a wide attacker. Wirtz has been the stand-out player in a Leverkusen team that has become one of Europe’s most talked-about clubs under outgoing manager Xabi Alonso. His 10 Bundesliga goals helped his side finish second in the table, behind Bayern, and alerted interested clubs.
Liverpool can display Olympian levels of smugness. Towards the end of Liverpool’s march to their 20th title, an Anfield anniversary of sorts casually slipped by without fanfare. It is just over two years since a lone fan arranged for a light aircraft to circle the stadium demanding owners Fenway Sports Group sell up to an unspecified organisation with ‘more ambition’. “FSG OUT - KLOPP IN - ENOUGH IS ENOUGH,” read the attached banner.
As commemorations go, admittedly this rates low on the notability scale of memorable Anfield moments of recent times. Nevertheless, when the plane circled it was a dilemma for the reporters rolling their eyes looking to the skies as they contemplated whether one attention-seeker reflected deep-rooted and broad frustration among the Liverpool fanbase or if the looks of bemusement and slight embarrassment from the 55,000 fans told a more accurate story.
Most of those present decided upon the latter. The trigger for the ‘protest’ before Liverpool’s home fixture with Manchester United in March 2023 was the club’s transfer strategy over successive windows, the American owners often accused of counting the pennies with their net spend while Premier League rivals seemingly splashed out mega-millions every summer.
Given Liverpool won 7-0 on the day of the aircraft stunt, the stand against the regime was as badly timed as one of Darwin Nunez’s runs to beat the offside trap. Today, in the immediate aftermath of the Premier League champions breaking the British transfer record to sign Florian Wirtz, the misguided demonstration has aged worse than a heavily botoxed Hollywood actor.
Mocking aside, the anti-American sentiment was not entirely without support among those sympathetic to the idea of pressuring Liverpool’s hierarchy to, if not sell up, spend more on the team. When the club confirmed they would be stepping away from the pursuit of Jude Bellingham in April 2023, for example, it triggered another episode in a long-standing philosophical debate about the pros and cons of self-sustainability models in the era of nation states with unlimited budgets, or (as subsequently occurred) clubs selling hotels and women’s teams to circumvent profit and sustainability rules.
Predictably, supporters of Manchester City and Chelsea will note the huge fee for Wirtz and wag an accusatory finger at Liverpool and yell ‘hypocrisy’ as the club which has made as much noise as any about the wild west of football’s transfer system has ditched the Wyatt Earp impressions and opted to go on a spree worthy of Butch Cassidy’s Hole in the Wall gang after a particularly profitable heist.
In reality, Wirtz’s signing is entirely in keeping with Liverpool’s long-standing ‘moneyball’ policies. The critical difference is, in the FSG era, they have never been in such a strong position to flex financial muscle befitting their status, the most seismic shift with the Wirtz deal being that ten years ago it was unthinkable that Liverpool could go head to head with Manchester City and Bayern Munich for a transfer record-breaking prime target and emerge victorious. They have always had the will. Now they have the way.
Internally, the Anfield message in 2025 is exactly the same as when the flak about prudence was at its worst. While there are limits to what any Liverpool manager can afford, every deal is scrutinised to the same degree whether the valuation is £3.5 million, £85m or, as in this case, heading towards £125m. The fewer the red flags, the more likely the green light.
Liverpool broke the transfer record for a central defender when they bought Virgil van Dijk in 2018. They did the same for a goalkeeper when recruiting Alisson Becker in 2019. They would have spent more than anyone in English football history for a midfielder two years ago if Moises Caicedo could have been persuaded to ditch Chelsea for Liverpool.
In all instances, the decision to ‘go big’ was the consequence of incremental increases in revenues via commercial activity and on-field success, and the equally crucial skill of being as adept at selling as buying. Since FSG’s 2010 takeover, Liverpool’s revenues have increased from less than £200m to more than £600m, the promise John W. Henry made to oversee slow and steady progress until the club’s model enabled them to pitch for the world’s best spectacularly vindicated.
The concept of ‘Liverpool spending the Philippe Coutinho’ money to sign Van Dijk and Alisson has done plenty of heavy lifting in the years since. The club would have signed Van Dijk whether Coutinho had left for Barcelona or not, as was demonstrated by the fact they had tried to do the deal six months earlier.
But whatever Liverpool pay for new players this summer, they can expect to recoup plenty as the combined valuations of those available could exceed £150m. It remains to be seen what offers materialise, but it needs no stretch of the imagination to believe Wirtz will be signed with ‘the Kelleher, Nunez, Elliott, Jota and Doak money’.
If the Anfield board want to display Olympian levels of smugness, they could argue that the reason they can afford Wirtz is because they were prepared to be patient a year ago, the club exceptional at ignoring the ‘noise’ when the social media ‘influencers’ equate lack of spending with lack of purpose.
For all that, the Wirtz deal is a gamble. Granted, it is a calculated and meticulously thought-through one, but when you commit so much, the pressure to deliver intensifies, not just on the recruit but on those who push hardest for his signature. The greater the proven quality in an elite division such as the Bundesliga, the fewer the doubts. That’s why such a premium is paid.
But my word, it is a hell of a lot of money for one footballer. Van Dijk and Alisson looked like no-brainers at the time they posed for their club photograph and duly delivered. Naby Keita and Nunez - who cost a combined £145m - will be filed in the warning from history chapter, despite their impressive medal haul.
As with all such captures, Wirtz will arrive amid reassuring messages about extensive scouting, data models with performance indicators suggesting the 22-year-old is already one of the world’s most creative young footballers on an upward trajectory, the presumption being his value will soar during the course of his contract.
The mini biographies will locate youth coaches who always knew he was destined for greatness, and there is a reason so many of those with aspirations to win the Champions League next season wanted him. Excited supporters will see only guarantees of success, while rivals will ponder - as Liverpool often have when musing upon the huge fees paid by others - if signing one player for the price of three truly is good value.
Either way, Wirtz’s Anfield arrival is not just a statement. It is the shoutiest proclamation of intent as Liverpool look to defend their crown and pursue the Champions League.
Liverpool have agreed a £116 million fee with Bayer Leverkusen for Florian Wirtz, in a deal that could become a British transfer record.
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