Overview

• The Newcastle-to-Liverpool transfer for Alexander Isak is widely reported at up to £125m, with coverage specifying an initial £85m fee and around £40m in achievable add-ons.
• Florian Wirtz’s arrival for roughly £116m means Liverpool completed two €100m-plus signings in the same window for the first time on record.
• Outlay estimates vary by source, with totals reported around £449m or €482.9m, reflecting differing methodologies and whether add-ons are counted.
• Additional recruits such as Hugo Ekitike (reported ~£79m), Milos Kerkez (~£45m) and Jeremie Frimpong (~£35m) underscore a broad rebuild under Arne Slot.
• UK media analysis highlights accounting and PSR context, with talkSPORT noting that headline totals can overstate immediate costs when amortisation and sales are considered.