Gary Neville reveals how Liverpool have saved £90m from not signing Timo Werner

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Liverpool were top favourites for RB Leipzig striker Timo Werner, and Liverpool boss Jurgen Klopp was so keen on signing the German that he had held talks with the 24-year-old striker.

At the end, Liverpool pulled out of the deal due to the effects of the coronavirus pandemic on the club. Many clubs have been badly hit financially by the impact of Covid-19, but Chelsea went ahead to trigger the release clause in Timo Werner’s contract.

Manchester United legend Gary Neville has explained how much Liverpool have saved by not signing Werner, while also admitting that the young striker would have done well with Klopp’s side.

“Werner is a great striker, a young one that fits the profile of a Jurgen Klopp team,” Neville told Sky Sports.

“It would have told everybody else where they are at. His signing would have sent out an incredible statement.

“But we understand the financial difficulties everybody is in. Maybe Chelsea had a better deal on the table. Or maybe Liverpool didn’t want to go to the levels they had previously agreed to.”

In a further interview with The Times, he continued: “Liverpool, who’ve probably had the richest seasons they’ve ever had in the last two years, [are] unable to commit to £52m for a great striker who fits the profile of a Klopp team.

“That saves them £50 million in a transfer fee and let’s say £200,000 a week over four years. That saves £40 million in wages, so that has pulled them back £90 million of [planned] expenditure already.

“If we wanted to understand the depths of the economic problem, [it’s also] United calling upon £140 million of their revolving bank facility and Tottenham borrowing £175 million from a bank.

“And it is inconceivable that a club like Everton can take 50% off their players’ wages [in deferrals] and then go and spend money on a transfer. The economic problems will be severe but less severe than other countries.”

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