08/21/2026
THE LFC REBUILD 2026/27
A year ago, the Reds began the season as defending Premier League champions, buoyed by an uncharacteristic splurge in the transfer market. Many experts confidently declared Liverpool favourites, suggesting the title was already theirs. As we now know, things didn’t work out as expected. Before assessing the outlook for 2026/27, it’s worth briefly revisiting what went wrong. As an aside, we should note the true impact of the Diogo Jota tragedy on the team may never be fully understood.
THE ARNE SLOT EXPERIMENT
Two seasons, an EPL title and qualification for the Champions League in season #2. Slot’s time at Anfield was a success surely? Yes and no. One thing is certain: his time with Liverpool will look good on his CV. Credit where credit is due, he was at the helm as Liverpool won their 20th title. It’s no easy task to succeed a legend; Arne Slot won the respect of the squad and made one critical change to the LFC formula, moving Ryan Gravenberch into the #6 position. Season 2, however, did not carry that momentum. Looking at the 4 quarters of his reign closely:
* Quarter 1: 50 points - strong start
* Quarter 2: 34 points - title won
* Quarter 3: 19 points - 5 wins followed by 6 defeats in 7 games
* Quarter 4: 22 points - crawling to 5th place & the Champions League thanks to the 5th-place European Performance Spot. The Reds were fortunate.
Slot’s tenure remains perplexing. In his first season, his only flaw seemed to be a reluctance to rotate the squad. The following campaign saw him frequently appear out of his depth, as familiar weaknesses resurfaced and solutions were lacking. The stark difference between the two seasons made FSG’s decision to part ways with him unsurprising.
Media shock at Slot’s dismissal was misplaced. The dreaded vote of confidence Slot received was a classic football precursor to change. FSG green-lit significant investment in an already title-winning squad, and Liverpool regressed. As one pundit noted, the further the team moved from the Klopp era, the weaker they became. Slot inherited a squad primed for success while rivals stuttered. With all the changes season #2 brought, his shortcomings soon became apparent. The team entered a downward spiral he could not solve.
As a consequence, Slot’s successor is being handed a squad that has lost its mojo and direction, with key players and leaders leaving Anfield. It is not all on the Dutchman. Recruitment has left the squad with holes in several positions, with Director of Football Richard Hughes seemingly more focused on buying expensive stars and moving away from the recruitment style that underpinned previous success over the past decade.
ENTER ANDONI IRAOLA
Let’s be realistic: Liverpool are unlikely Premier League winners this season. To pre-empt comparisons with Slot’s debut title — success as a manager can be more nuanced than immediate silverware. Iraola inherits a squad, in my view, dismantled too hastily after their title win. The ponderous possession style of 2025/26 drained much of the team’s Klopp-era energy and identity. Iraola’s philosophy is similarly front-footed, and his challenge will be to restore those lost qualities. It will take time. A mixed bag of preseason results, featuring a top-heavy side of Academy youngsters, has left many fans of the social media generation beside themselves in despair. Conversely, an encouraging final game performance against Como 1907 has some believing “we can challenge for the title!” The reality is most likely somewhere in between.
THE SQUAD
As noted previously, there are holes. I’m against wholesale incomings. Last summer, too many potential starters were bought, meaning far too many changes to a title-winning side, with a manager itching to make them. Is it any wonder things went pear-shaped? This is how I see the squad after watching the 5 pre-season matches.
* Potential transfers: Ramsay, Jones, Elliott, Chiesa.
* Potential Loans: Davies, Chambers, Scanlan, Ndukwe, McConnell, Morrison.
* Injured: Jaros (GK), Bradley (RB), Gomez (D), Leonie (CB), Bajcetic (M), Danns (F), Ekitike (F).
This is the current squad with a top Academy prospect in brackets; AN.OTHER signifies a gap in the squad that I believe needs to be filled:
* Goalkeepers (3): Alisson, Mamardashvili, Woodman (Davies).
* Full-Backs (4): Frimpong, AN.OTHER, Kerkez, Tsimikas (Mabaya).
* Centre-Backs (4): Van Dijk, Jacquet, Araujo, AN.OTHER (Ndiaye).
* Midfielders (7): Szoboszlai, Gravenberch, Mac Allister, Nyoni, Endo, AN.OTHER, AN.OTHER (McConnell).
* Forwards (7): Isak, Wirtz, Munoz, Gakpo, Ngumoha, Koumas, AN.OTHER (Wright).
Accounting for injuries, there are five clear gaps in the squad — far too many for comfort. With Hughes apparently ready to spend big on Barcola and Mbaye, prioritisation is crucial. The Reds cannot bring in 5 or 6 new players, as some fans demand. Therefore, retaining players like Calvin Ramsay and Harvey Elliott until at least Christmas would provide valuable cover. Versatile options like Endo and Gomez (fitness permitting) could help plug holes. Is Florian Wirtz truly a midfielder? I don’t think so. Playing him there weakens the team. The team needs more solidity behind him. That is not to denigrate him, as Wirtz brings intangibles that can only help a top team.
If transfer rumours around Gakpo and Mac Allister are accurate, the club should sanction departures only if direct replacements arrive. The rumour mill suggests targets like Mbaye and Adam Wharton. These are major transfers and significant outlays as the transfer window rapidly closes. Beyond that, squad integration, as ever, will remain a challenge, especially with so many changes.
Liverpool’s squad is good but short-handed. Logically, can the Reds chase silverware on all 4 fronts? Again, it will come down to the manager making priorities. A primary task for Iraola is to get Wirtz and Isak functioning to their considerable potential. The signing of another “superstar”, like Bradley Barcola, may ease the pressure on them. In theory, this triumvirate could be a major spearhead to Liverpool’s revival. For my money, the major LFC weakness is the two projected full-back starters. Frimpong did look better against Como 1907, and Kerkez, who was in the EPL Team of the Season two years ago, was exciting under Iraola. However, I am not convinced by either defensively, and I believe they would fare better in a 3-5-2 setup. Let’s see if the manager can wave his magic wand with the two.
IRAOLA’S PERCEIVED STRENGTHS AND WEAKNESSES
When appointed, the majority of Liverpool fans were excited by Iraola’s style of football and what he had accomplished at much smaller clubs. Needless to say, the “what has won brigade” were in evidence as well.
What are his strengths?
1). Both Bournemouth and, previously, Rayo Vallecano made steady progress under Iraola, reaching heights previously unaccustomed.
2). Players improved under his tutelage at Bournemouth, and whenever he lost key players, and there were many, he was able to come up with replacements and solutions.
3). Liverpool has a tradition of attacking football dating back to the days of Shankly and Paisley; Andoni Iraola’s teams play front-foot football.
4). From what I have seen and heard, Andoni is a resourceful coach. This was notably missing under his predecessor.
Conversely, these are the weaknesses which his critics continually address:
1). He has no experience coaching teams playing in European competitions.
2). His aggressive style will be hard to replicate over a series of competitive games. In his time on the south coast, Bournemouth played 31 fewer competitive games than Liverpool. Will this prove to be a significant stat?
3). Bournemouth had similar defensive weaknesses to Liverpool, though part of it was due to teams exploiting their aggressive style of play.
4). Like the current Liverpool squad, Bournemouth had frailties defending corners and free-kicks.
CONCLUSION
Logically, there has to be a bedding-in period for the manager because of the greater demands and expectations. Additionally, it's a fact that he will have to manage the team through a more involved schedule of games. Another factor was that the fanbase saw LFC legend Xabi Alonso as their favoured choice as manager. Chelsea snapped up Alonso. Should the Reds struggle and Chelsea improve, Iraola will come under extra pressure and scrutiny.
In the final analysis. I’m genuinely excited to see a return to more expansive, attacking football. Iraola’s approach to challenges, squad rotation, and restoring the club’s spirit after a difficult season will be fascinating to watch. My instinct is to give him time; he has every chance to succeed.
YNWA
Andoni Iraola has his hands full – replacing Mo Salah and restoring faith at Liverpool – and will hope big name investors bring stability not disharmony