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Ex-Liverpool chief Purslow: FSG now ready to step up big spending

Former Liverpool chief exec Christian Purslow believes Fenway Sports Group are ready to spend in greater sums on Jurgen Klopp's squad.

The 54-year-old believes that we could well see FSG loosen the purse strings in the future, given that the key “cornerstones" of their ownership are now in place.

Purslow told the Liverpool Echo: “Now we are seven-and-a-half years in, they have learnt well, have made big decisions around Anfield, have an A-list manager and a prudent financial approach. Those are the cornerstones of their approach.

“There will be people – fans, media – who will say they want them to spend more, to buy Pogba for £90m or whatever. I think it's a perfectly reasonable observation, and it might change. They might become more expansive with their capital now they have nailed down their cornerstones.

“The new domestic TV deal provides further stability, and the overseas revenue is likely to exceed last time. So I would have plenty of sympathy for the view that they can afford to be more expansive going forward.

“I'm an investor by background, and so are they, and I think you can make an argument as an investor that the strategy which makes most value for Liverpool in the long run is to make Liverpool a winning club as opposed to an ultra-competitive top club. To do that, you might have to speculate to accumulate."

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