Liverpool’s summer transfer resources have become a little clearer following the publication of the club’s latest annual financial statement.

The Reds posted mixed results on Friday, with the 2023/24 annual figures showing an overall increase in revenue offset by rising administrative costs and falling media income due to a season playing in the Champions League.

That shouldn’t be a problem this season with Liverpool spending the lowest transfer fees in the Premier League in 2024/25 and making an overall profit thanks to the sales of Sepp van den Berg and Fabio Carvalho, plus getting the wages of Adrian, Joel Matip and Thiago off the books last summer.

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That in turn, will improve the PSR picture heading into the summer and the club should have rough figures in mind for the current season’s finances when budgeting ahead of Arne Slot's second campaign in charge.

Arne Slot and Richard Hughes will be eyeing up a busy summer transfer window for Liverpool

It’s difficult to get an accurate estimation of the club’s financial figures ahead of the summer, but, while the $72m will definitely enter into Richard Hughes’ thinking during the window, the Reds appear to be in a relatively healthy position.

That said, there were fresh hints in the recently released financial figures that Liverpool still doesn’t feel it can compete with the lavish spending of its rivals in the markets

“Our focus right now is to finish this season as strong as possible, both on and off the pitch, to fulfil our collective ambitions for success.”

That success could also help Liverpool when it comes to attracting signings next summer