Just read this article
http://www.theanfieldwrap.com/2011/08/the-great-net-spend-rope-trick-and-more-moneyballs/highlight for me is...
LFC players signed since Jan 2011
Andy Carroll, Luis Suarez, Doni, Charlie Adam, Jose Enrique, Jordan Henderson, Stewart Downing, Coates
Total Gross fees(approx): £112m
Estimated total annual wages for new signings : £23m per annum
If we assume each player contract is for 5 years, we can then amortise the cost of their transfer fees by dividing them by 5, to give us an annual gross cost for the new signings : –
Annual cost of transfer fees (£112m over 5 years) = £22m
Annual cost of new player wages = £23m
Therefore gross total annual cost of this summer’s transfer activity = £45m
LFC players departed since Jan 2011 and likely to be gone by 31st August
Fernando Torres, Ryan Babel, Jovanovic, Alberto Aquilani, Paul Konchesky, David Ngog, Nabil El Zahr, Danny Pacheco, Ayala, Philip Degen, Joe Cole, Christian Poulsen, Brad Jones
Total estimated gross fees recouped : £72m
Estimated annual wage savings : £32m
Again, if we amortise the fees by the 5 year average contract length, the annual fee recouped figure = c.£14m
Annual wages saved (as above) = £32m
Therefore gross total annual cost of monies recouped this summer = £46m
Which means no investment from FSG since takeover!!!