Overview

• Liverpool spent a British‑record sum of roughly £446m–£450m, capped by the £125m deadline‑day signing of Alexander Isak.
• Chairman Tom Werner said FSG approved the spending to strengthen a title defence, noting player sales covered more than half of the outlay.
• Hughes said the club pays what it views as fair market value based on age and squad need, urging detachment from the sticker price.
• A proposed £35m move for Marc Guehi collapsed when Crystal Palace could not secure a replacement, with Werner declining to discuss any January pursuit.
• Isak debuted in the 3-2 Champions League win over Atletico Madrid as teammates acknowledged fatigue with the lengthy saga and pundit Joleon Lescott suggested the fee may even be low.