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Liverpool no longer a sleeping giant under 'big personality' Klopp, says Hogan

The Reds' managing director, who has overseen a huge growth of the club's financial revenue, is focused on attaining success on the pitch

Liverpool are no longer a sleeping giant under Jurgen Klopp says the club's managing director Billy Hogan.

Since Hogan was appointed in 2012, the Reds' commercial revenues have more than doubled to £136 million ($175m), resulting in heavy spending on their squad in recent transfer windows.

Liverpool spent £75 million ($97m) on Virgil van Dijk last January, making the Dutchman the world's most expensive defender, and paid £177m ($228m) in transfer fees this summer.