'It is not the only club' - Liverpool boss Arne Slot calls out three Premier League rivals' spending in response to Erling Haaland's new ten-year contract

After months of speculation regarding Haaland's future at Manchester City, the eight-time English champions have tied the Norwegian down to a ten-year extension at the Etihad Stadium with wages reported to be close to £500,000 per week. Slot was asked for his thoughts on this spending at a press conference.

Slot said: "We know how good we have to be every single day to compete in this league. It is not only the club [City] you are referring to. Chelsea have also spent £1.2 billion and United have spent an incredible amount.

"Every team spends a lot of money over here, that's why it's such an interesting league to be part of. Some seasons this club [Liverpool] spends a bit more, the other season other clubs spend a bit more.

"That's what makes this league so intense and so difficult to win. But that's also the reason why we all want to be here, because you want to compete against the best, with the best. We are very happy with the team we have at the moment. We are still able to compete with all these teams that are spending an incredible amount of money."

As Slot claimed, Chelsea, United and City are indeed the top three biggest spenders in the Premier League since Pep Guardiola switched to the Etihad in 2016. Chelsea have spent £2.04bn while both Manchester clubs have spent arond £1.5bn. Meanwhile, Liverpool have the smallest spend of the traditional top six with £940m.

Despite Liverpool's lack of spending in the summer, Slot has led the Reds to an early lead of the Premier League title race with City all but down for the count. Slot's side has seen a small blip over the last few weeks and as such, the Dutchman will be keen on improvement when they take on Brentford on Saturday, January 18.