Despite committing £295 million in transfer fees and more in associated costs this summer, Liverpool have made a net profit following the sale of Luis Diaz.This stands to be the biggest summer transfer window in Liverpool’s history, but despite their record spending they remain in a healthy position financially.That is a credit to the way in which the club has operated under Fenway Sports Group, with The Athletic‘s Chris Weatherspoon reporting that they have made net profit for the financial year of 2025/26 as it stands.Liverpool can therefore comfortably afford to sanction another British record transfer to bring Newcastle striker Alexander Isak to Anfield.Isak, if a deal does go through, would unlikely be the final new addition either, with at least one more signing expected in the form of a senior centre-back.The transfer fees for Florian Wirtz, Hugo Ekitike, Milos Kerkez, Jeremie Frimpong, Giorgi Mamardashvili, Armin Pecsi and Freddie Woodman are around £295 million, though Weatherspoon estimates additional fees takes that closer to £314 million.But with that spending amortised over the next five years while sales are booked immediately for any financial year, it means Liverpool have made a net profit.Diaz’s impending move to Bayern Munich will be worth €75 million (£65.6m) and represents a profit of £48.1 million in their accounts based on his remaining ‘book value’ of around £17.5 million.Furthermore the sales of Jarell Quansah, Trent Alexander-Arnold, Caoimhin Kelleher and Nat Phillips count as ‘pure profit’.And while Liverpool have committed sizeable wages to their first-team additions they also cut a significant amount from their previous wage bill, particularly with Alexander-Arnold’s £200,000-a-week basic salary.Clearly Liverpool have plenty of room to manoeuvre when it comes to signing Isak, who is projected to be worth £150 million and could command a salary of around £300,000 a week.Weatherspoon writes that this would be worth around £43.3 million for the financial year, which could be further offset by the sales of Darwin Nunez, Federico Chiesa and the pure-profit trio of Harvey Elliott, Tyler Morton and Ben Doak.“All told, outgoings have probably generated income or produced cost savings this coming season totalling £136 million, while adding the signing of Isak to existing business would see a total increase in this season’s costs of around £144 million,” Weatherspoon writes. “In other words, the net impact of the summer’s activity would be to add just an extra £8 million in costs in 2025/26.”It should be noted, however, that while Liverpool would be in a very comfortable position for this financial year, the toll of this summer’s spending will likely see a number of quieter windows to follow.But these signings are designed to set Arne Slot‘s squad up for years of dominance to come, with little need for any further remodelling.