Liverpool do not rank in the top 10 of leading European teams when it comes to net transfer spend over the last decade.
Boffins at the CIES Football Observatory have delved into the numbers regarding every window since the summer of 2013 involving sides from big five European leagues in England, Italy, Spain, Germany and France.
Using widely reported fees that include all eventual add-ons, they have calculated the Reds have spent £1.02billion on transfers, placing them eighth in the overall list of top spenders.
