HomeNewsLiverpool announce £7.5m pre-tax profit

Liverpool announce £7.5m pre-tax profit

Liverpool have announced a pre-tax profit of £7.5m for the 2021/22 season, with overall revenue rising by £107m to £594m.

The Reds played in all 63 club games possible last season, winning the FA Cup and Carabao Cup.

This is the first time they have recorded a profit since 2018/19, partly because of the need to play matches behind closed doors during the COVID-19 lockdown.

“Some of the numbers in these latest accounts look slightly skewed as a result of the previous reporting period being impacted by the global pandemic,” said managing director Andy Hughes.

“However, the underlying strength of our financial position remains strong and we continue to operate a sustainable club, which is our main objective from a financial perspective.

“It was really great having supporters back at Anfield and returning to some sort of normality after a really challenging period for everyone.

“For our men’s team to play the maximum 63 games in this reported season is an incredible achievement and winning more trophies is exactly what we continue to strive for. Our women’s team also had success – gaining promotion to the WSL was a great achievement and exactly where we need them to be competing.

“The cost of running a football club does continue to rise. But we maintain our position of growing this club with significant investment with new and existing players signing contracts and the construction of the new Anfield Road Stand which we look forward to coming on stream in the summer. In the last five years we have invested over £250m in infrastructure and created world-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 opportunities for growth in our commercial operations so we can continue to reinvest revenues in players and infrastructure.”

Join us on Mastodon