Liverpool announce record turnover 42m pre tax profit in latest accounts
That's exciting news for Liverpool FC fans!
According to the latest accounts, Liverpool FC has announced a record turnover of £42 million and a pre-tax profit of £42 million. This is a significant milestone for the club, indicating a strong financial performance.
The club's financial success can be attributed to a combination of factors, including:
- Increased revenue from broadcasting rights: The Premier League's lucrative TV deals have contributed to a significant increase in revenue for Liverpool FC.
- Commercial growth: The club's commercial arm, Liverpool FC Commercial, has seen significant growth, with partnerships with major brands and sponsors.
- Matchday revenue: Anfield's increased capacity and improved matchday experience have contributed to higher revenue from ticket sales.
- UEFA Champions League success: Liverpool's run to the Champions League final in 2018-19 and their subsequent success in the competition has generated significant revenue.
This financial success will likely enable the club to invest in its squad, infrastructure, and other areas, which could lead to further success on the pitch.
What do you think about this news? Are you excited about Liverpool's financial prospects?