TA: Liverpool is financially self-sufficient, and the amortization costs of Wirtz/Isak can basically balance the accounts.

Hupu reported on October 13 that TheAthleticUK sports and finance reporter Chris Weatherspoon answered fans’ questions.

What is Liverpool’s current PSR status? When did our most recent three-year cycle begin?

To answer the second part of your question first, the three-year cycle for PSR loss assessment is rolling, so in fact each season will start a new "cycle".

In this cycle, Liverpool's (and all other teams') losses will be assessed in 2023-24, 2024-25 and 2025-26 under loss limit rules.

Their high spending this summer has naturally attracted widespread attention, but the problem goes far beyond saying that they have spent more than 400 million pounds on the introduction of new players.

First of all, they also recovered approximately £200 million in profits. Profits (or losses) on player sales are booked immediately, meaning this summer's move will have a far more positive impact on their finances for the 2025-26 season than is obvious when looking at the cost of new signings.

Prior to the signing of Alexander Isak late in the transfer window, and putting aside any factors other than player transactions, Liverpool's summer sales are likely to have paid off handsomely, as the profits and savings from selling players including Dias and Dalvin Nunez were more than enough to offset the expenditure on signings for the 2025-26 season.

Furthermore, as we detailed in March, Liverpool's operations are largely self-sufficient.

The 2023-24 season was a record-breaking one, but it was an exception; the following season (where they spent almost nothing on transfers) is expected to generate over £700m in revenue and return to healthy profits.

The problem Liverpool may encounter is when they are unable to generate enough profit from player sales to offset the ongoing and significant annual expenditure on players signed this summer.

Potential profitability last season and better-than-expected results this season will help, and there will likely be significant changes within the team if needed.

The huge contracts of Virgil Van Dijk and Mohamed Salah will expire in 2027. If they both leave the club by then, it would save a significant amount of wages and go some way to offsetting the cost of signings elsewhere for Liverpool this past summer.