Liverpool announce £42m pre-tax profit despite record £223m spend on players

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  • Club’s turnover reaches £533m for financial year 2018-19
  • Investment in players includes signings and new contracts

Liverpool made a pre-tax profit of £42m and increased turnover to £533m in 2018-19 as the club’s rise to European champions under Jürgen Klopp was reflected on the balance sheet.

The latest accounts, for the year ending 31 May 2019, show turnover rose by £78m thanks to increased media, commercial and match-day revenue. The turnover of £533m enabled Liverpool to invest a record £223m on players, notably the signings of Alisson, Fabinho, Naby Keïta and Xherdan Shaqiri. There were also new contracts for 11 players including lucrative deals for Mohamed Salah, Sadio Mané, Roberto Firmino, Jordan Henderson, Trent Alexander-Arnold and Andy Robertson.

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from Football | The Guardian https://www.theguardian.com/football/2020/feb/27/liverpool-42m-pre-tax-profit-record-223m-spend-on-players-financial-year-2018-19

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