Liverpool have reportedly dropped out of the race for long-term target Jude Bellingham.
The Reds’ owners, Fenway Sports Group, are not sanctioning the deal, believing the high transfer fee and wages required would prevent a substantial rebuild from taking place.
Liverpool have cooled their interest in Jude Bellingham — as reported by UK media tonight. No bid as Liverpool will no longer work on this deal at current conditions. 🚨🔴🏴
Package worth more than £130m now considered too expensive.#LFC will sign 2/3 midfielders in any case. pic.twitter.com/Ek7DvSevlx
— Fabrizio Romano (@FabrizioRomano) April 11, 2023
This news could not come at a worse time for Liverpool fans, with poor performances the norm due to an overworked and fatigued squad this season.
Liverpool have brought in just one midfielder in the last four seasons, leaving Jordan Henderson, Fabinho, Thiago, and James Milner physically and mentally finished after the club’s insistence on postponing midfield reinforcements to save funds for the Bellingham deal.
News #Bellingham: Been told that Real Madrid and #MCFC have driven the price up exorbitantly. From the point of view of the Liverpool bosses the total package (transfer fee + salary) was rated to high for his age. Liverpool is out of the race. #LFC @SkySportDE 🏴 pic.twitter.com/Sn3Tn18IJn
— Florian Plettenberg (@Plettigoal) April 12, 2023
FSG will now face a level of scrutiny not witnessed since taking over the club more than 10 years ago, with the fans’ biggest criticism of the regime being a lack of willingness to invest in the squad. This is another example of Jurgen Klopp’s side being financially restrained compared to their Premier League opponents despite being among the wealthiest clubs on the planet.
The next transfer window will define the next era of the club, with FSG and Klopp under increased pressure to prove they are committed to the club’s future to ensure the failures of this season cannot be repeated.
Bellingham has been linked to Manchester City, Real Madrid, and Manchester United, who are all better equipped financially to complete a deal worth more than 130 million pounds.
Jude Bellingham has ruled Man City, PSG & Chelsea as potential destinations. Bellingham wants to play for a prestigious club with values like "passion, honor, and reputation", rather than money. He could also stay at Dortmund but his salary would be €15M per season. [@SPORTBILD] pic.twitter.com/YtQhq2kcbn
— DaveOCKOP (@DaveOCKOP) April 12, 2023
Photo: Twitter @FabrizioRomano