Maybe the massive bonuses, which after the PL and CL win the other year they would have paid out big time
Supposr its their way of saying lower wages, bigger bonuses. That only cuts it though if the player wins the big trophies, they have only won one of each.
'For the two financial years between 2017/18 and 2020/21, the Liverpool wage bill shot up by 23 per cent from £310m to £325m, with those rises largely attributed to bonuses paid for the Champions League and Premier League success in 2019 and 2020 respectively'