Liverpool announced world-record profits in their yearly-financial reports highlighting the club’s success off the field.

The Reds announced a profit of £106m – increased from £40m – with turnover increasing by £90m for the last financial year. Liverpool’s run to the Champions League final earnt them an estimated £72m while the £142m sale of Philippe Coutinho to Barcelona also boosted their accounts. Despite their lavish summer spending, Liverpool have now leapfrogged Arsenal to third in the Premier League revenue standings.

Their excellent performance off the field should mean Jurgen Klopp will be backed with another transfer war chest when the transfer window reopens in the summer. If Liverpool manage to secure their first league title in 29 years, a bigger budget will be available.

One man Klopp should use his funds to sign is Benfica wonderkid – Joao Felix. Valued at £13.5m by Transfermarkt, the 19-year-old has emerged as one of Europe’s hottest prospects after joining the club on a free transfer in 2015. Felix has enjoyed plenty of first-team football this season, attracting plenty of interest from some of Europe’s biggest clubs – Liverpool should aim to be first in line for his signature.

The Portugal U21 international has netted eight goals and registered four assists for his team-mates in all competitions this season. Felix possesses blistering pace and close control which makes him a nightmare for defenders to deal with. The youngster would help replace the magic lost in Coutinho’s departure and add another dimension to the Liverpool forward line.

Felix has the potential to be one of the world’s top playmakers and would thrive under Klopp’s management on Merseyside. He could prove to the final piece of the puzzle for the Reds.

Liverpool fans, thoughts?