Liverpool FC has announced a £57 million pre-tax loss for 2023/24. The club blames this on missing the Champions League and rising costs.
However, total revenue grew by £20 million, reaching £614 million. This increase came from strong commercial sales and higher matchday earnings.
Liverpool’s absence from the Champions League caused a £38 million drop in media revenue. This led to a second straight year of financial losses.
Meanwhile, the Anfield Road Stand opening boosted matchday income by £22 million. Still, staff wages and bonuses rose by £13 million, hitting £386 million.
The club also spent £9.6 million on pay-offs for Jurgen Klopp and his coaching staff after their departure.
Liverpool invested £150 million in new signings. Key additions included Alexis Mac Allister, Dominik Szoboszlai, Wataru Endo, and Ryan Gravenberch.
At the same time, high earners like Roberto Firmino, Fabinho, and Jordan Henderson left. This helped reduce the wage bill.
Liverpool’s CFO, Jenny Beacham, stressed the need to increase revenue to manage rising costs.
She said, “Success in commercial deals and the Anfield Road Stand expansion has raised revenue. This keeps us competitive in men’s and women’s football.”
Despite losses, Liverpool is thriving on the pitch. They lead the Premier League by 13 points with 10 games left.
Furthermore, they will face Newcastle in the League Cup final on March 16. They have also advanced to the Champions League last 16 against PSG.
Liverpool remains focused on long-term success both on and off the field.
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