Liverpool announce club-record revenues in latest accounts

Liverpool have announced record earnings of £594m ($716.5m) as they posted a £7.5m pre-tax profit.

The club’s most recent annual accounts, up to the end of May 2022, show how wage costs skyrocketed from £314m to £366m last season – an increase of almost 17 per cent.

It was a time when captain Jordan Henderson, Harvey Elliott, Andy Robertson, Alisson Becker, Stefan Bajcetic and Diogo Jota all signed new deals on better terms.

Bonuses were also triggered as Jurgen Klopp’s side lifted both domestic cups and reached the Champions League final for the third time in five seasons.

Only Manchester United (£384m) in the Premier League have recorded a higher wage bill than Liverpool for 2021-22.

Liverpool’s total revenue rose by £107m to £594m – an increase of 22 per cent. Only Real Madrid (£605m) and Manchester City (£619m) generated more globally.

Media revenues actually fell by £5m to £261m. That number was still larger than any of their domestic rivals, however, as Klopp’s side went the distance in all four competitions.

The slight decrease is due to the fact that the previous year’s figure was inflated by Premier League payments, as the last nine games of the 2019/20 season, which had been extended due to the pandemic, fell in this accounting period.

Matchday revenue increased by £83m to £86m as Anfield returned to full capacity in the wake of the pandemic. That puts Liverpool in third place in the top flight of matchday earnings, behind Tottenham (£106m) and Manchester United (£107m).

Commercial revenue increased by £29m to £247m thanks to eight new sponsorship deals, record Nike kit sales and the reopening of non-matchday operations following the pandemic with retail stores and stadium tours.

Liverpool is third in terms of commercial revenue behind Manchester United (£262m) and Manchester City (£316m).

“The underlying strength of our financial position remains strong and we continue to run a sustainable club, which is our key objective from a financial perspective,” said Liverpool chief executive Andy Hughes.

“The costs of running a football club continue to rise. But we maintain our position to grow this club with significant investment, signing new and existing players and building the new Anfield Road stand which we look forward to opening up in the summer.

“Over the last five years we have invested over £250m in infrastructure, creating first class facilities for our players, staff and supporters.

“What’s important now is to finish this season as strong as possible, both on and off the pitch, while we continue to manage costs and explore growth opportunities in our commercial operations so we can continue to reinvest revenue in players and infrastructure.”

(Top Photo: Andrew Powell/Liverpool FC via Getty Images)