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Liverpool confirm £190m investment in players while revealing record revenue

Liverpool's latest financial results confirm they spent £190 million ($246m) on their squad, the biggest investment in players in the club's history.

The Premier League title challengers announced on Friday that turnover increased by £90m to £455m ($590m) in the year to May 31, 2018, while reports have suggested their £125m ($162m) pre-tax profit is a world record.

The departure of Philippe Coutinho to Barcelona raised £137m ($178m) while club revenues shot up thanks to the Reds' return to the Champions League.

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Virgil van Dijk became the world's most expensive defender when he joined Liverpool from Southampton for £75m ($97m) in January 2018.