Liverpool will have £200 million to spend this summer, according to reports.

Liverpool are preparing a major redevelopment and may abandon the tight net spend model that they have used for years

Liverpool are ready to spend a record £200 million this summer to overhaul their team.

According to one source, the Reds would be granted adequate finances to rebuild their team after a poor season. Liverpool were knocked out of the League Cup by Manchester City, the FA Cup by Brighton & Hove Albion, and are on the verge of being knocked out of the Champions League by Real Madrid after losing the first leg of the last-16 5-2.

Jurgen Klopp’s Liverpool club is also fifth in the table, chasing the top four – a vast cry from previous seasons when they were City’s main rivals. Nevertheless, with the Merseysiders resurgent in form with massive ammo in the transfer market, this may all change.

According to FootballTransfers(opens in new tab), Anfield executives will be given the club’s largest-ever summer budget, with half of the anticipated £200 million going to one player.

Of course, Liverpool hopes to be Jude Bellingham, who is valued at nine figures by Borussia Dortmund. But, other midfielders could arrive alongside the England teen.

Liverpool have been linked with midfielders Khephram Thuram, Mason Mount, and Luka Sucic, while Antonio Silva and Josko Gvardiol have also been mentioned as defensive options. Full-back cover might also be brought in.

Fenway Sports Group, the Reds’ owners, have come under fire from fans this season, with a plane with the phrase “enough is enough” flying over Anfield(opens in new tab) before the 7-0 win over Manchester United, criticizing the club’s lack of investment.

Liverpool’s contract expirations this summer include James Milner, Naby Keita, and Alex Oxlade-Chamberlain, although the club may be able to collect additional revenue through player sales.

In recent weeks, concerns have been raised about a prospective takeover at Anfield(opens in new tab).