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Liverpool made a yearly pre-tax loss of £57m up to May 31, 2024 – £48m more than they lost in the previous 12 months.

However, the Premier League’s club overall revenue rose by £20m to £614m in 2023-24, and its commercial income increased by £36m to £308m.

It is the first time Liverpool have reported commercial revenue of more than £300m in their yearly financial accounts and mainly due to growth in partnerships and retail.

The 2023-24 period covered Jurgen Klopp’s last season as manager, in which the Reds won the Carabao Cup, finished third in the Premier League and reached the quarter-finals of the FA Cup and Europa League.

Liverpool added four new players to their senior men’s squad, spending about £165m on transfer fees to sign Alexis Mac Allister, Dominik Szoboszlai, Wataru Endo and Ryan Gravenberch.

https://guardian.ng/sport/football/liverpool-financial-loss-rises-to-57m/