Liverpool have been praised for their intelligence in the transfer market under Jurgen Klopp – but the Reds have not been shy about spending money either.
The Merseysiders were previously defined by a multitude of costly flops arriving before Klopp, but now boast a roster of bona fide superstars.
Liverpool broke the British transfer record by signing Andy Carroll for £35million in 2011.
Although football inflation meant it was inevitable that their record would be surpassed, Liverpool came close to breaking it again before their £115million bid for Moises Caicedo was rejected by Chelsea.
In the 12 years between these deals, Liverpool still spent over £500m on ten huge signings, shattering the transfer fees spent on defenders and goalkeepers.
10. Mohamed Salah – £36.9m
It is a mark of Salah’s longevity that he has seen Liverpool complete nine major transfers since breaking his club record in 2017 and he remains the best of them.
It was seen in some quarters that they overspent on the Egyptian when they snapped him up from Roma after a difficult first spell in England at Chelsea under Jose Mourinho.
However, Salah returned to the Premier League with a point to prove and more as he scored 44 goals in his first season at Anfield.
He has been the main focal point of Liverpool’s attack ever since, with the club winning every major honor and he has racked up his share of individual honors and records to boot.
The three-time Premier League Golden Boot winner and two-time PFA Player of the Year is also on course to finish his Liverpool career among the top five scorers in the club’s history.
9. Cody Gakpo – £37m
Liverpool moved quickly to beat rivals Manchester United with the signing of Gakpo following his star performances at the 2022 World Cup.
The Dutchman, who almost moved to Leeds the previous summer, seemed certain to link up with compatriot Erik ten Hag.
However, after scoring three goals in five matches for the Netherlands in Qatar, Liverpool swooped in to sign him from PSV Eindhoven on Boxing Day.
Liverpool are said to have paid an initial fee of £37m for the 24-year-old, with the deal potentially worth up to £45m.
Gakpo scored his first goal for the club against Merseyside rivals Everton and is now a key figure under Klopp, with his versatility even leading him to deputize in midfield as well as attack.
8. Fabinho – £40m
The Brazilian’s impending move to Liverpool from Monaco was announced a day after the club lost the 2018 Champions League final.
Although it took several months for him to find his feet, Fabinho quickly helped the Reds to a sixth European crown in his debut season in 2019.
Nicknamed “Dyson” by his teammates for sweeping away danger in front of the defense, Fabinho was one of the best midfielders over the next three seasons.
Fabinho was part of the Liverpool team that won the Champions League, Premier League, Super Cup and Club World Cup in 18 months.
However, he suffered a steep decline in the 2022/23 season and Liverpool took the opportunity to recoup their initial transfer fee by selling him to Saudi club Al Ittihad for £40 million in July 2023.
7. Diogo Jota – £45m
Another high-profile move for a Liverpool striker that seemed to come out of nowhere, eyebrows were raised when Jota arrived from Wolves in 2020.
After confirming the arrival of Thiago Alcantara from Bayern Munich just 24 hours earlier, the Reds surprised their supporters by unveiling the Portuguese.
After hesitating to trigger Timo Werner’s £50m release clause, Liverpool instead paid an initial fee of £41m – rising to £45m – for Jota.
The fee, offset slightly by Ki-Jana Hoever heading the other direction in a separate £9million move, saw Jota emerge as the unlikely candidate tasked with breaking up the heralded Mane-Salah-Firmino forward line.
However, it was a task he clearly relished, with two members of that trio since he left the club and Jota now closing in on his 50th Liverpool goal.
6. Luis Díaz – £45m
Diaz arrived in January 2022 for an initial fee of £37.5million after a breakout few months for club Porto and his country Colombia.
Liverpool beat Tottenham for his signature and the winger took little time to settle in at Anfield as his new team pushed for an unprecedented quadruple.
Diaz started the League Cup, FA Cup and Champions League finals in 2022, helping the Reds win the previous two competitions.
However, a horrific injury in his first full season at the club, which limited him to just 17 Premier League appearances, hampered his progress.
Diaz has since returned to full fitness and is Klopp’s first choice on the left after being transformed into Sadio Mane’s long-term successor.
5. Naby Keita – £52m
The Guinean midfielder has the unwanted label of being Klopp’s only confirmed flop on this list.
Liverpool were so desperate to take Keita from RB Leipzig in 2017 that they paid a £4m premium on his £48m buyout clause – which was due to be activated the following year – to avoid competition for his signature.
The 22-year-old had just been named in the Bundesliga team of the season and there was plenty of excitement when he arrived 12 months later and took Steven Gerrard’s No.8 shirt.
Despite flashes of greatness, form and fitness destroyed Keita’s England tenure and he never made more than 25 appearances in a single season.
In the summer of 2023, Keita completed a free transfer to Germany with Werder Bremen, but failed to shake off his injuries.
4. Dominik Szoboszlai – £60m
The Hungarian is next in line, having been signed by the same Leipzig club to become Keita’s successor in the No.8 jersey.
A disappointing 2022/23 campaign which saw Liverpool fail to qualify for the Champions League meant Klopp was desperate to add real quality after overhauling his midfield.
After demanding a cut-price deal for Mac Allister, Liverpool were forced to open their wallets to activate Szoboszlai’s £60m release clause.
The Hungarian captain is already going one better than Keita in living up to his famous jersey number, drawing comparisons to Gerrard by John Barnes.
3. Alisson – £67m
Loris Karius’ infamous nightmare in the 2018 Champions League final convinced Klopp that a top-class goalkeeper was the final piece of the puzzle.
Alisson was the chosen man, having played against Liverpool for Roma during their run to the semi-finals of that same competition.
His £67 million move initially represented the world record for a goalkeeper until Chelsea broke the bank for Kepa Arrizabalaga a month later.
Alisson, who rejected Chelsea’s interest in joining Liverpool, has since revealed he was on the wrong side of a 5-2 defeat at Anfield just months before his departure. Roma helped him make his decision.
The Brazilian has been a transformative signing from Klopp, earning numerous shouts for being the best goalkeeper in the world and he even scored a goal.
2. Virgil van Dijk – £75m
The Dutchman became not only Liverpool’s record player, but also the world’s most expensive defender at the time of his arrival in January 2018.
But the Dutch powerhouse justified every penny the Reds spent on him – coming within a point of winning the Ballon d’Or over Lionel Messi a year after leaving Southampton.
Van Dijk, who scored on his Liverpool debut against Everton, became the PFA Player of the Year in his first full season and won every major trophy during his time at the club.
He faced widespread criticism last season after a career-altering injury in a collision with Jordan Pickford in 2020 suggested his best days might be behind him.
However, taking over the captaincy from Jordan Henderson in 2023 has given him a new lease of life and Van Dijk is back to his best.
1. Darwin Nunez – £85 million
The Uruguayan was set to be the face of Klopp 2.0 after Liverpool paid an initial £64m to bring him in from Benfica in June 2022.
The fee, which will rise to a club record £85million if Nunez flourishes during his time at Anfield, appeared to weigh heavily on the shoulders of the striker who arrived in the same summer that Erling Haaland joined Manchester City.
Nunez scored during his Premier League bow, but a red card on his home debut derailed his success in terms of form and fitness, leading him to just nine goals in his debut campaign.
Nunez has since shown signs of understanding Klopp’s demands in his second season after inheriting the No.9 shirt from Firmino.
The 24-year-old has already registered four goals and four assists in 13 Premier League appearances this season.