Jurgen Klopp admits he made a mistake in his comments about signing players for over £100m as Liverpool close in on a deal for Moises Caicedo.
The Reds have fended off competition from Chelsea and look set to land the Ecuador international, who has excelled at the Seagulls in recent times, for a British record £110m.
In the past, Liverpool has spent a lot of money on players like Virgil van Dijk and Alisson, but in 2016, Klopp highlighted his concerns about the high player costs. After Manchester United acquired Paul Pogba, the Liverpool manager even stated he would retire from football if transactions reached £100 million.