Liverpool’s owners could now ‘loosen the purse strings’ at Anfield with the club set to announce record revenues, while Jurgen Klopp will hope to receive significant backing in the transfer market, according to journalist Pete O’Rourke.

Fenway Sports Group purchased the Reds back in October 2010, with the club going on to win the Premier League and Champions League under their ownership, but they have received plenty of criticism in the process.

What is the latest Liverpool news?

According to Football Insider, the FA Cup winners are set to announce record revenues of more than £550 million when their next financial results are released.

The report states that the club’s impressive 2021-22 campaign, which saw them chase the quadruple, is set to comfortably break their pre-pandemic record of £533 million.

Manager Jurgen Klopp may now be hopeful it will lead to strong backing in upcoming transfer windows.

Liverpool have been strongly linked with the signature of Jude Bellingham, with Sky Sports reporter Dharmesh Sheth revealing to GiveMeSport that they are favourites to sign the 19-year-old, although Borussia Dortmund are said to value the star at £132 million.

The six-time European champions are also understood to hold an interest in Shakhtar Donetsk’s 21-year-old sensation Mykhaylo Mudryk.

What has O’Rourke said on the situation?

O’Rourke understands that, given this latest financial news, Klopp will hope to be backed significantly in the coming transfer windows.

The journalist adds that Liverpool are in the market for a new central midfielder while fans have been eager to see more investment from their American owners.

O’Rourke told GIVEMESPORT: “We all know that Liverpool are in the market for a new central midfielder, whether that's in January or next summer, so he'll be hoping that the club will back him whoever they end up going for, whether it's Jude Bellingham or somebody else. But Liverpool fans have been crying out for investment from FSG and they'll be hoping that these figures will sort of loosen the purse strings.”

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Have FSG been a success at Liverpool?

It is hard to look at a regime that has brought with it three Champions League finals, a Premier League title, an FA Cup triumph and a FIFA Club World Cup win and call it anything other than a success.

But the organisation have not always endeared itself to their passionate fanbase. They have received strong backlash over attempts to trademark the name Liverpool and the decision to join the failed European Super League project.

So there are no guarantees that Klopp’s first team will see significant investment from this latest revenue boost, after some significant miss-steps in the past.