What was supposed to be Arne Slot’s most ambitious project has turned into a nightmare. Liverpool, last season’s Premier League champion and one of the biggest spenders in the transfer market, seems to have lost its soul. After spending nearly 500 million euros on star signings like Alexander Isak, Florian Wirtz, Hugo Ekitike, Milos Kerkez, Jeremie Frimpong, and Giovanni Leoni, the Anfield club is enduring its worst spell in years: eliminated from the Carabao Cup, outside the Premier League’s top six, and in free fall across Europe.

From Golden Dream to Collapse at Anfield

The season’s start deceived everyone. Five straight wins—four of them secured in the final minutes—put the team at the top, five points clear of Arsenal, Tottenham, and Bournemouth. It looked like the investment had paid off. But the illusion didn’t last: four consecutive league defeats, six losses in the last seven matches, and a historic slump. No other team in Europe’s top five leagues has lost more since late September, according to Opta data.

The numbers are brutal: defeats to Crystal Palace, Chelsea, Manchester United, Brentford, and a European meltdown against Eintracht Frankfurt (1–5). The worst blow came at home—a 0–3 defeat to Palace in the League Cup, with a goal and assist from Yéremy Pino, reopening old wounds. To find a humiliation that severe at Anfield, one must go back to 1934.

Signings That Don’t Deliver and a Team Without Answers

The stats don’t lie: the new signings have failed to deliver. Isak has scored just one goal in eight matches, Wirtz has yet to find the net, and Ekitike, despite six goals, hasn’t managed to carry the attack. The full-backs remain a weak spot: Frimpong and Kerkez haven’t replaced the leadership of Alexander-Arnold or the reliability of Robertson, while injuries to Leoni and Alisson have left the defense exposed.

Coach Arne Slot has tried everything—even deploying Dominik Szoboszlai as a full-back—but nothing seems to fit. “At Liverpool, we’re expected to win every match. There are many reasons to lose, but none good enough,” the Dutchman admitted after the latest defeat.

To make matters worse, the team’s star, Mohamed Salah, is going through his worst stretch in years: just four goals in thirteen games. Slot has publicly backed him, but goals—the Egyptian’s old friend—have become elusive.

Opponents seem to have figured the champion out: Liverpool is now the team that faces the most long-ball attacks in the entire Premier League. That stat sums up their fragility. Half a billion euros haven’t bought stability or identity. Anfield, once the temple of intensity, now sinks in the uneasy silence of doubt.