Overall revenue to the end of May 2023 remained static at
£594 million after a disappointing campaign in which Jurgen Klopp’s men
finished fifth in the Premier League and made early exits from the Champions
League and both domestic cups.
The wage bill for the current Premier League leaders rose £7
million to £373 million and administrative costs climbed by £17 million to £562
million.
The previous 12 months had produced a small profit of £7.5
million.
Liverpool’s biggest income stream in 2022/23 was the £272
million, up £25 million, generated from off-field income, but a last-16
Champions League exit a year after reaching the final meant media revenue
dropped by £19 million to £242 million.
Matchday revenue also fell due to fewer games being played
across last season after the previous campaign, when the club played in every
fixture – a total of 63 — they were eligible for, winning both domestic cups
and reaching the Champions League final.
“Despite the significant growing costs of football, the
success of our commercial operations demonstrates the strength of our
underlying financial position so we can continue to operate sustainably while
competing at the highest levels of football,” said managing director Andy
Hughes.
“While these financial results are a moment in time on our
journey, what remains constant is the growing global appeal of the club.”
Matchday revenue will increase after the new Anfield Road
stand was fully opened earlier in February, meaning Anfield’s capacity will
reach 61,000.
During the reporting period Liverpool signed Darwin Nunez,
Cody Gakpo, Calvin Ramsay and youth team goalkeeper Kornel Misciur for a
combined initial fee of £105 million but offloaded Sadio Mane, Divock Origi,
Takumi Minamino and Neco Williams.
There were also significant contract renewals, including one
for top-scorer Mohamed Salah, who became the highest earner in the club’s
history on a reported deal of £300,000 per week.
Liverpool, on Sunday crowned League Cup champions in manager
Klopp’s final season at Anfield, are top of the Premier League and still
involved in the FA Cup and the Europa League.
AFP
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