Liverpool manager Arne Slot has addressed the Premier League’s massive spending, particularly in light of Erling Haaland’s new ten-year contract extension with Manchester City, reportedly worth £500,000 per week.

Slot emphasized that Manchester City isn’t the only club with vast financial resources, pointing to Chelsea and Manchester United as other major spenders.

Since 2016, Chelsea has led the way with £2.04 billion spent, followed by Manchester City and Manchester United, each spending around £1.5 billion.

In comparison, Liverpool’s spending has been more restrained, totaling £940 million since 2016.

Despite this financial gap, Slot expressed confidence in his team’s ability to compete with the Premier League’s wealthiest clubs.

For Slot, the Premier League’s appeal lies in its fierce competition and high stakes.

While Liverpool may not be the top spender, Slot believes the team is more than capable of holding its own with its current squad and remains focused on challenging the league’s best.

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