Liverpool could miss out on £35million from Philippe Coutinho transfer deal
According to the Mail Online (h/t Mirror), Liverpool could be set to miss out on a significant £35million performance-related payments from Philippe Coutinho’s move to Barcelona. The Catalans are struggling for cash during the coronavirus crisis.
The Brazilian superstar left for Barcelona in 2018 after five successful years on Merseyside. The transfer has been a disaster for both the club and the player, with neither coming out of it with their reputation intact.
Coutinho is currently on loan at Bundesliga giants Bayern Munich. In spite of him putting up decent figures, the Germans are not keen on making the deal permanent.
The deal Liverpool agreed with Barca included several performance-related add-ons. These were ones that the Reds believed were realistically achievable. This would have ensured an extra £35million for a player the Reds signed for just £8.5million from Inter Milan in 2013.
According to the report, the Reds are now unlikely to receive that money due to Coutinho’s lack of impact at the Nou Camp. To make things worse, there are also concerns over other scheduled payments the European Champions are due to receive.
The Catalans are currently in the midst of financial worries and infighting at board level, with the club’s players taking a 70 percent pay cut to help the club out during the coronavirus pandemic.
With TV deals currently on hold and leagues potentially not getting completed around Europe, as much as £100million worth of transfer installments from foreign clubs into the Premier League is now at risk.
Making the best of a bad situation
The Coutinho deal is one that has worked out well for us. Not only have we made a hefty profit on the player but have also been able to invest the money in other areas of the pitch.
Coutinho’s departure helped us bring in Virgil van Dijk and Alisson Becker. It also helped formulate a new tactical system to bring out the best of our front three.
To make things better, we have made it to back to back European finals while Coutinho has struggled on the other hand.
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With football currently suspended, the finances of a number of clubs are set to be affected. Liverpool could have done with the bonus cash at this moment in time.
In a way, you could argue that the Coutinho deal did not work out too well for any of the involved parties.