DubaiSpur
Ian Walker
A lot of the spending (net) you talk about seems like the cost of taking over the club rather than an investment in the playing squad.
What has their net transfer spend per season been under Klopp?
In the last three years? The Mirror has them at roughly 150m -
https://www.mirror.co.uk/sport/football/news/premier-league-transfers-big-six-13014572
...and they had a sizeable net spend prior to that, too.
The relevant information would be the turnover of the club as a whole and whether they are running at a loss to fund the team building in the market - quick google suggests they have turned a profit in the past couple of years (of available financial info)
I addressed this in an earlier post. They had continuous losses up until a couple of years ago, all written off by the owners.