Revealed: Liverpool have only paid £4M to Wolves for Jota

Liverpool face an outstanding bill to pay for former Wolves striker Diogo Jota.

The Telegraph says the Reds will be hit with a £12million bill from Wolves this summer as they continue to pay off the transfer fee for Diogo Jota.

The forward joined the Reds at the start of the 2020-21 season in a move worth £45m, but with payments put in place over time in response to the Covid-19 pandemic.

The Reds’ will pay the £12m having only paid £4m on completion of the transfer and a further £1m last December, meaning that £40m is still due to the Molineux outfit.

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The trickling nature of the payments will be a big boost to Wolves’ finances given the income uncertainties in light of supporters having been excluded from stadiums for the vast majority of the season.

Further guaranteed instalments will follow over the next few years to eventually complete part of the £45m agreement.