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Player sales keep Liverpool in profit

Liverpool 2021/22 accounts published, reports Kieran Maguire. Revenue up £107m post COVID to record £594m but costs up £85m too.  Operating profit £10m, would have been a loss except for player sale profits.  Player signings £68m and sales £33m.

Book value of squad down £40m but more spending on infrastructure. Despite success over years overall small loss still made.

Liverpool repaid £40m of bank loans in 21/22. Net cash spend on player transfers was £65m.

Main driver of increase in revenue was return of crowds to Anfield. Broadcast revenue was down due to technical reasons relating to 20/21. Commercial revenue up  as megastore open match days etc.

Staff numbers now exceed 1,000. Wage bill up 18% due to signings and contract extensions. Highest paid director joins the £2m club

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