Liverpool is on the verge of completing a move for Juventus winger Federico Chiesa and the move is about to taste even sweeter thanks to a smart bit of business from the Reds.
According to reports, Arne Slot's side have agreed a fee of just $16.5million (£12.5m/€14.8m) to sign the Italian forward, with $13.2m (£10m/€11.9m) being paid up front and $3.3m (£2.5m/€3m) being paid in performance-based add-ons.
Liverpool is also set to hand Chiesa a four-year contract at Anfield , yet the Reds will hardly be spending a penny by the time the 26-year-old has signed on the dotted line.
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That's because the Reds will benefit from a bit of previous business already conducted in the summer transfer window in the form of Dominic Solanke's big money move from Bournemouth to Tottenham Hotspur .
When Solanke went from Liverpool to Bournemouth in 2019, Michael Edwards negotiated a clause that entitled Liverpool to 20 per cent of the profit on any future sale . That deal was worth $24m (£19m/€22m) — but the former Red has since signed for Spurs in a deal worth up to $83m (£65m/€76m) .
In a record purchase, Ange Postecoglu's side will pay an initial $70m (£55m/€64m) to Bournemouth, with a further $13m (£10m/€12m) in potential add-ons. With Liverpool entitled to 20 per cent of that, it means the club will pocket around $9.2m (£7.2m/€8.4m).
With add-ons, Liverpool stands to make a further $2.6m (£2m/€2.4m), leaving the final potential figure at approximately $11.8m (£9.2m/€10.8m), but even without that extra cash boost, the Reds have netted a handy $9.2m (£7.2m/€8.4m) from the deal.
With Chiesa arriving for $16.5m (£12.5m/€14.8m), it means Liverpool is only spending just $7m (£5.3m/€6.3m) after the 20 percent sell-on fee for Solanke has come in, representing magnificent business for the Reds.
Signing a player of Chiesa's quality for, quite literally, peanuts is nothing short of remarkable. The Italian's fee was already low enough, but to have it reduced even further takes some doing.
Just 12 months ago, Liverpool was reportedly willing to offer $45.2m (£34.3m/€40.7m) to sign Chiesa from Juventus, according to Corriere dello Sport, while The Telegraph claim that the Italian was rated in the $132m (£100/€119m) range only three years ago.
Now, Liverpool are preparing to splash just $7m (£5.3m/€6.3m) for his services. Having also generated near-on $66m (£50m/€59m) from the sales of both Fabio Carvalho and Sepp van den Berg to Brentford , the Reds have engaged in plenty of good business.
However, while an attempt to bring Martin Zubimendi to Anfield this summer failed, the Reds have plenty of funds in the bank to launch an all-out attack for a new defensive midfielder in January. Having avoided shelling out on Chiesa, it puts Liverpool in a strong position for the new transfer window.
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