Liverpool FC have announced record-breaking financial results with a pre-tax profit of £125million. turnover rocketed by 25% - a £90million annual increase to £455million. It covers a season when Liverpool sold Philippe Coutinho to Barcelona and enjoyed a lucrative run to Kiev in the Champions League final. Some £137million came into the club from player sales with around £190million spent on strengthening the squad.
The pre-tax profit of £125million (£106million after tax) is the highest in the club's history – up from a figure of £39million after tax 12 months earlier.
£455m Turnover £125m Profit £106m Profit After Tax breakdown £220m Media £154m Commercial £81m Matchday please log in to view this image
“Liverpool FC is in a much stronger financial position. We have been reinvesting all of our profits back into the club. You can see that in this period as well. “We invested £190million in new players in this period and we continued to invest in the summer 2018 window.
“There are certainly one off elements in this set of results - namely selling Coutinho and reaching the Champions League final,” he explained.
“That's because when you sell a player, the profit or loss on disposal of the player is recorded in the accounts on the date of sale. “When you buy a player, the cost of the acquisition is spread across the life of that player's contract. “On the media side, that's driven largely by performance on the pitch and reaching the Champions League final was the main reason for that big uplift to £220million. In the previous season we didn't have European football.” How Jurgen Klopp and Fenway Sports Group are helping to inspire Liverpool's stars of tomorrow The fee agreed for Coutinho in January 2018 was understood to be £106million potentially climbing to £142million with add-ons. During the period covered by the latest accounts Liverpool also sold Mamadou Sakho, Lucas Leiva and Kevin Stewart. They brought in the likes of Mohamed Salah, Virgil van Dijk, Andy Robertson, Alex Oxlade-Chamberlain and Dominic Solanke. Commercial performance was boosted by eight new partnerships, including the new shirt sleeve sponsorship with Western Union and global deals with Falken Tyres and Joie.
Prior to the redevelopment of Anfield, annual matchday revenue stood at £62million. Liverpool enjoyed significant digital growth as they passed 60 million followers across social media platforms. It's a far cry from the financial mess FSG inherited when they completed their takeover of the club in the High Court back in October 2010. “My personal view is that this is a really significant turnaround,” Hughes added. “From when FSG acquired the club, we've followed a very consistent policy of reinvesting the upsize in our performance and our profits back into the club. “As the performances have improved, the investment levels have improved. We've come from near bankruptcy not that long ago to being really successful and competitive and improving across the board. “You're seeing strong performance on the pitch and strong performance off the pitch, improving financial results and increased investment back into the football club. “We've built the Main Stand in that period and we're investing in a first class new training ground in Kirkby. “We're going to continue with our strategy of continuous improvement. We're looking at every aspect of the club and we're always reviewing our cost base. “We're looking at all our revenue streams to drive future growth. That continues week by week, day by day to improve the performance of the club.”
We've become a money making machine to rival the mancs . The only thing missing with all this dough is a premiership trophy but those of us who have castigated the others for spending lots of money should look closer to home. We spent money on world record buys and more than Chelsea and Arsenal. Only the mancs have spent more than us. Those who say that Klopp had us punching above our weight are wrong. We are where we should be.
your point is very valid, I would agree. it is used to excuse dip in form and errors of judgement. we've not spent more than cheslea though this year chelsea spent 186mil and took in 41. = 145mil Last year chelsea spent 240 mil and took in 160 = 80mil year before ... 119mil -68mil = 51mil and so on LFC 161 - 34 = 127 155-183 = - 28 68 - 74 = -6 etc etc In short lots of money moving hands in the prem. we are just one of the pack but we could move rapidly up the list of spending this next summer again Don't underestimate cheslea spending.
Youd think knocking the price of tickets down by 20% would be a nice touch. Juat shows that match day revenue is a small fraction of the income so a small reduction would let hurt the them too much.
One thing wondered is so if player sales are counted as a one off figure but players brought their value is split I’ve rnunerous years.. how does that work? Is it like a mortgage where you take out a loan to pay the buying club in full but then repay that over a number of years?
never. its just more milking. The TV rights are ever more expensive so bt and sky rip us off. Cost to go to game is massive, absolutely massive. you can pay to become member and hope to secure face value and kids tickets but best of luck to you... then you put in the costs of the day on top just to try feed said kids etc etc etc Theres a reason i don't buy kits for kids, never buy an adult shirt nor merchandise, BT doesn't get my money, sky has been doing so but price is now SO HIGH I'm nearly priced out of even one of the TV companies. So in short they've gone so far with it they now are close to getting a big fat zero from me.
Not really. We’ve had a couple windows of big sales, so yes our first team in theory is as expensively assembled as those around us, but it’s the squad which is why we’re punching above our weight. City, United, chelsea have had years of that level of spending building up a squad to compete. In 3-4 years time of we’ve spent same money again then sure that atgument can be labelled at us and klopp but until then, our squad is far weaker and cheaply assembled.
If they would even say: right, anfield road end is all general access and costs 70-100mil. it won't pay back BUT ticket prices stay same levels for 10 years. We build the end you want and after 10 years 20% comes off all tickets across ground. That'd be IMO a good deal.
if you really look hard... city have a squad. that is for sure. only weak area is lb!, ok maybe no 6 but gundogan is there. utd first team de gea valencia bailly lindeloff shaw herrera Matic Pogba lingard rash ford martial man utds second team: romero dalot smalling jones rojo fred mctominay periera? mata lukaku sanchez I would contend that while thats expensive reserves it not any better than us chelsea: green? zappacosta cahill? christensen emerson barkley drinkwater loftus cheek pedro giroud hud odoi I'd contend their reserves are ****e.. good kids but the rest are all over shop for me our "squad" is more unbalanced than anything. mingolet rb is now an issue but weve done that ourselves lb: eye sore moreno CB matip, lovren (we are over abusive to ours, look above) no 6: henderson no 8: lallana, ox, milner (assume windy and keita no 1s) no 9: sturridge, origi (pah) LW: none RW: shaqiri we had internationals across most slots
Thanks for the breakdown mito don't like clicking on newspaper links they take ages to load. We're looking good financially. The best we can do is keep up with the mega rich and we're doing that.
