Reds reduce wage bill by ‘£30m’

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It’s been a busy summer for Liverpool FC and director of football Damien Comolli. While the big name arrivals have caught the headlines, perhaps most impressive has been the work done to reduce what was a hugely bloated squad and get rid of the ‘deadwood’.

Including loans and free transfers, Liverpool have allowed 19 players to leave the club.

Telegraph reporter Rory Smith wrote on Wednesday night that those departures have cut the club’s wage bill by £30m.

High-earning players such as Joe Cole, Milan Jovanovic (both reportedly on £90k per week), Alberto Aquilani and Christian Poulsen have been sold or loaned out.

Meanwhile, a host of young players who were not expected to make the grade at the club have been released.

Even more interestingly, Smith notes that the club have recouped around £25m in transfer fees this summer.

Impressive work Damien, Kenny and FSG. What a difference a year makes.

Who left LFC:

[table id=47 /]

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