Your Liverpool morning digest for Tuesday, February 1.
Carvalho deal breakdown explained
Liverpool did look set to conclude the January window with another exciting acquisition, although it wasn't to be.
Fabio Carvalho was poised to join the Reds from Fulham and then return to the London club on loan for the remainder of the season.
However, the deal collapsed after a fee was eventually agreed between the two clubs, with not enough time left before the window shut to get the transfer over the line.
With Carvalho's contract with Fulham set to expire in the summer, there is still a strong chance he will be on the move in the coming months and Liverpool will be confident of landing the 19-year-old having come so close on this occasion.
Ian Doyle looked at how the January deal eventually fell apart for the Reds.
To read the story in full click HERE.
Reds make Diaz saving
Given Luis Diaz had a release clause of £67 million in his Porto contract, at the start of the month it looked unlikely any side would be able to prise him away from Portugal.
But Liverpool acted decisively after reported interest from Tottenham, eventually landing the Colombian trickster for a deal that could total £49 million should Diaz activate add-ons.
Given Diaz had performed so well throughout the campaign, Porto could have potentially held their nerve this month and gambled on the winger adding even more to his value with further strong performances in 2022.
Instead they have taken the opportunity to sell, with the club's financial position said to not be particularly healthy.
"Many clubs have been hit hard by the pandemic, but Porto have been one of the clubs to really feel the bite," wrote David Powell.
"The year-on-year financial decline shown in their 2019/20 financial accounts that took in the onset of the pandemic.
"The 2019/20 season also saw them miss out on qualification for the group stages of the Champions League after they were beaten in the play-off round. That meant a huge whole in income for the 2020/21 accounting period."
To read the story in full click HERE.