Liverpool manager Jurgen Klopp has explained that requiring “salary waivers” got in the way of their Timo Werner chase.

The Reds had long been considered the favourites to snap up the prolific RB Leipzig forward, who had also expressed a strong desire to head to Anfield before the coronavirus caused financial uncertainties to ripple through sport and most industries.

Liverpool could face a reported loss of revenue anywhere up to £200million due to the pandemic, with matchday revenue taking a significant hit – with fans not expected to return to stadiums in 2020.

That uncertainty has caused the Reds to reassess their transfer market business, and although a £50m fee for Chelsea bound Werner appears a bargain, it is now potentially viewed as careless – especially considering discussions with current players over “salary waivers”.

In an interview with Sky Germany, the Reds boss spoke highly of both Werner and Kai Havertz, who has remained linked with Liverpool for some time, but was brutally honest about his club’s current predicament – as well as the game’s.

“There are a lot of good players on this planet,” Klopp said. “Timo Werner is a great player, Kai Havertz is a great player.

“Right time, opportunity – everything has to come together. Six, seven weeks ago, we didn’t know if we could play again this year. If we hadn’t played the second half of the season, we would have thought, ‘OK, when can you really play football again?’ And now it starts right away.

“We act as if everything is already settled. It’s not settled. We use this little loophole we’ve been left to play football again. Everything else we have to see the moment it happens. We can’t pretend now that everything’s going to be fine in the future.

“There are all sorts of rumours in England about who Manchester United are going to pick [sign], Chelsea are going to pick.

“It’s rather quiet here [at Liverpool] at the moment, I think it’s safe to say. If you want to take it seriously and run a normal business and depend on income and have no idea how much you will earn – especially because we don’t know when we can start playing with spectators again.

“At the moment, all clubs are losing money. Without spectators, we have to pay back the season tickets and probably sell none next year.

“At least maybe without the first 10 or 15 games. The VIP areas won’t be packed and the tickets won’t be sold. This will have an impact on other partners and things will look a bit different.

“Discussing with the players about things like salary waivers and on the other hand buying a player for £50-60m, we have to explain.”

Source: TEAMtalk media