Liverpool FC have filed their annual accounts showing a 15 per cent increase in turnover with improvements in all three key revenue streams: Liverpool FC's financial results: club statement
£42m profit (£33m after tax), £223m invested in Jurgen Klopp’s squad. Club-wide wage bill £310m. Debt: £79.3m owed to FSG over Main Stand loan (£20.7m paid off) with £50m external debt.
It should be noted that given the date to which the accounts were made up they do not include the final winnings from the Champions League.
Liverpool University lecturer Kieran Maguire has cheekily suggested, 'Liverpool made £42m profit before tax, third highest in Premier League despite large investment in transfers and new contracts for players, which perhaps shows it is useful to be successful on the pitch to be successful off it Ed Woodward?'
The club is clearly financially sustainable and very well run, unlike some American owned clubs I could mention.
The Liverpool Echo describes the results as 'stunning' while noting a comment from the club's chief operating officer that the cost of football continues to rise which is why a sustainable financial approach is necessary: Stunning financial results
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