Liverpool’s €480M Gamble Ends in Total Collapse

By: Osabuohien Imuetinyanosa

On April 14, Liverpool FC were knocked out of the UEFA Champions League after a 2-0 home defeat to Paris Saint-Germain, sealing a heavy 4-0 aggregate loss in the quarter-finals.

Despite assembling one of the most expensive squads in both club and football history—with total transfer spending reaching €484 million—the campaign ended in complete disappointment.

Their domestic cup runs also fell apart early. A crushing 3-0 loss to Crystal Palace saw them exit the EFL Cup at the round of 16 stage. In the FA Cup, they suffered a 4-0 defeat against Manchester City in the quarter-finals.

In the Premier League, Liverpool never mounted a serious title challenge, falling well behind in the standings long before the season’s conclusion.

As a result, the club’s pursuit of success across all four competitions ended in failure, confirming a trophyless 2025–26 season.

Summer arrivals

Alexander Isak (from Newcastle United) – €144M

Florian Wirtz (from Bayer Leverkusen) – €125M

Hugo Ekitike (from Eintracht Frankfurt) – €95M

Milos Kerkez (from AFC Bournemouth) – €46.9M

Jeremie Frimpong (from Bayer Leverkusen) – €40M

Giovanni Leoni (from Parma Calcio 1913) – €31M

Armin Pécsi (from Puskás Akadémia) – €1.78M

Freddie Woodman (from Preston North End) – Free transfer