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Liverpool head for big profit

After suffering more than £50 million in losses over the last two Covid-impacted years, Liverpool are set for a drastic turnaround. Their total revenue is forecasted to reach an all-time high of £602 million resulting in a projected profit of £76 million before tax.

With Liverpool’s resurgence under Klopp over the last few seasons, achieving both domestic and international success has become habitual if not expected by fans. The Reds fulfilled this in 2021/22 by reaching three cup finals in which they secured the FA and EFL cups but were defeated by Real Madrid in the Champions League final.

While the near-perfect season may have left the club oddly unfulfilled, their mood should be lightened by an enhanced revenue figure derived from large prize pools from the numerous top-two finishes.

Another substantial amplifier for projected revenue is the increased matchday income due to the fact Liverpool played a record 63 competitive games.

Finally, as the Reds return to post-Covid commercial turnover levels - and prosper further from the lucrative Nike kit deal in 2020 - their commercial turnover is projected to grow to £241 million, a 28 per cent increase from the last pre-Covid season in 2018/19.

In terms of profits and expenses associated with players, Liverpool’s activity has been directed particularly towards extending contracts with big names.

Major players such as Vigil Van Dijk, Alisson, Jordan Henderson and Fabinho all signed lengthy contract extensions in 2021, and superstar Mohammed Salah put his pen to a long-term extension just after the conclusion of the financial year. These extensions are forecast to result in a rising payroll, but this is overshadowed by the projected major increase in revenue.

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