Liverpool’s profit of £125m for the 2017/18 financial year is the biggest of any football club in history, reports the Guardian.
Qualifying for the Champions League, reaching its final and selling Coutinho allowed us to make a humungous sum of money; before taking into consideration increased match-day revenue from the New Main Stand and multiple sponsorship deals…
The big-money purchases of Virgil van Dijk, Naby Keita, Alisson and Fabinho are not accounted for, so we’re unlikely to post a similar sum for 2018/19!
Paul Joyce of the Times has tweeted a breakdown of the figures:
Liverpool accounts for year ending May 2018: £125m profit (£106m after tax), £190m invested in Jurgen Klopp’s squad. Club-wide wage bill £263m. Debt: £100m owed to FSG over Main Stand loan (£10m paid off) with £56m external debt.Turnover £455m. Full story @TimesSport at noon
— paul joyce (@_pauljoyce) February 8, 2019
The figures show just how healthy a financial situation the club is in, just ten years on from being on the brink of going under when toxic American duo Hicks and Gillett owned us.
FSG have been criticised since buying Liverpool; primarily because some fans haven’t felt we’ve competed properly in the transfer market – but nobody can accuse them of not backing Jurgen Klopp in recent windows.
Since 2017, he’s signed Mo Salah, Andy Robertson, Alex Oxlade-Chamberlain, van Dijk, Alisson, Fabinho, Keita and Xherdan Shaqiri…
If he wants a player this coming summer, he’ll get him.