The 19-time league winners are set to complete the signing of the 22-year-old poacher in a deal worth up to £85 million, making the Uruguayan the most expensive buy in the club’s history.

Reinforcing their attack before the imminent departure of forward Sadio Mane, the Reds have struck a deal of £64 million up front with a potential £21 million in add-ons to acquire the striker.

Although Benfica have already released a statement about the transfer, some formalities still remain to be done before Nunez is officially unveiled as a Liverpool player.

Many former players and pundits have lauded Jurgen Klopp’s success at the club on a comparatively lower budget than the competitors in the past and rival fans took to social media to ridicule the big-money Nunez transfer.

However, the former Palace chairman highlighted the importance of net spend in running a football club on talkSPORT.

Jordan then compared Liverpool and reigning Premier League champion Manchester City’s net spend.

The Reds will be looking forward to offloading a number of players this summer, with Sadio Mane seemingly also on his way out. The 30-year-old forward is set for a £40 million move to Bundesliga giants Bayern Munich.

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