and Jimmy I agree with this
Alonso is the only one who was "the potential". But I think this is getting away from the overall point. For the sake of argument, even if we say you've traditionally bought tier 2 players, the number that have turned out to be poor buys has been disproportionately larger than those that have turned into top players. The policy is failing, the approach has proved to be (along with Carlthejackal's point above about holding onto said top players) to be the fundamental reason for Liverpool's underachievement over the last couple of decades. I don't disagree you need to buy tier 2 players AND that you need to bring through youth, BUT in modern football in England, if you want to compete you also need to buy recognised top players. You need a good mix. In fact going back to Carlthejackal's point, it's one way of ensuring that top players (when they are recognised as such at Liverpool) are encouraged and want to stay. It shows to them the club's ambition or lack of it.
There's always a risk and implications when you start offering big wages, but seriously, there is really no chance a club like Liverpool is going to sink as a result. Just not going to happen. I think it's just an excuse tbh. If anything, the merchandising, stadium, sponsorship deals is where you need to focus on for that.