Liverpool now know that they will be playing Europa League football next season after Manchester United clinched the fourth and final Champions League spot on Thursday evening with a win at home to Chelsea.
After a campaign that finished well but for long periods was mired in struggle for the Reds, a fifth-placed finish and a place in European football’s second-tier competition lies ahead for the 2023/24 campaign.
The aim this summer is for a rebuild to address the deficiencies in the squad that resulted in a campaign of disappointment, but in order to reach the Champions League for 2024/25 and return to generating the lucrative sums that come with participation, which can reach beyond the £100m mark, Liverpool will have to conduct their business against the backdrop of a drop in a crucial revenue stream.