- Liverpool report a £57 million pre-tax loss for the 2023/24 season despite revenue growth.
- Increased staff wages and Champions League absence contribute to financial downturn.
- Commercial revenue and Anfield expansion boost overall income amid rising costs.
Liverpool reported a pre-tax loss of £57 million ($72 million) for the 2023/24 season, impacted by their absence from the Champions League and rising administrative costs.
Despite the financial setback, overall revenue increased by £20 million to £614 million, with commercial revenue climbing £36 million to £308 million. However, a £38 million drop in media revenue contributed to the club posting a loss for the second consecutive season.
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The 2023/24 campaign was Liverpool’s first since 2016/17 without Champions League football, which significantly affected their earnings. Matchday revenue rose by £22 million following the opening of the new Anfield Road stand, but staff costs—including wages and bonuses—grew by £13 million to £386 million. This was partly due to bonus payments for Champions League qualification and Liverpool’s League Cup triumph in Jurgen Klopp’s farewell season.
Additionally, the club paid £9.6 million in compensation to Klopp and his backroom staff following their departure. The wage bill was somewhat relieved by the exits of high earners such as Roberto Firmino, Fabinho, and Jordan Henderson. Meanwhile, Liverpool invested approximately £150 million in new signings, including Alexis Mac Allister, Dominik Szoboszlai, Wataru Endo, and Ryan Gravenberch.
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Liverpool’s finance officer, Jenny Beacham, emphasised the club’s focus on financial sustainability: “Operating a financially sustainable club continues to be our priority. With the continued increase in costs, it’s essential to grow income streams year on year to maintain financial stability. The success of our commercial operations, together with the opening of the new Anfield Road Stand, has increased our revenues, demonstrating our desire to compete at the highest levels in both men’s and women’s football.”
Under new head coach Arne Slot, Liverpool are on course for a historic 20th English top-flight title, sitting 13 points ahead of second-placed Arsenal with 10 games left in the season. The club will face Newcastle in the League Cup final at Wembley on March 16 and has progressed to the Champions League last 16 against Paris Saint-Germain.
