Liverpool recently released their financial accounts, revealing a pre-tax loss of 57 million pounds ($71.8 million) for the most recent financial year. Despite this, the club reached a new commercial revenue high of 308 million pounds ($387.8 million). These figures, covering the year which ended on May 31, 2024, emphasize the critical role that Champions League participation plays for leading English teams. Liverpool experienced a notable decrease in media revenue due to not securing a spot in the tournament last season.
The absence from Europe’s top club competition led to a 38 million pound ($47.9 million) reduction in media earnings, bringing that revenue to 204 million pounds ($257 million). In contrast, the club saw matchday income grow by 22 million pounds (£27.7 million), totaling 102 million pounds ($128.4 million). The increase in commercial revenues also contributed to an overall rise in total revenue by 20 million pounds ($25.2 million), culminating in 614 million pounds ($773 million).
However, Liverpool reported a significant increase in administrative costs, which grew by 38 million pounds ($47.85 million) to a total of 600 million pounds ($755.5 million), with higher salaries being a primary factor. Jenny Beacham, Liverpool’s chief financial officer, stressed the importance of financial sustainability, stating, “Operating a financially sustainable club continues to be our priority and, with the continued increase in costs, it’s essential to grow income streams year on year to maintain financial stability.”
