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!@#$%! · 02.08.2019, 06:03 AM

ft copypasta:

Liverpool has posted the largest annual profit ever recorded by a football club, after a stellar run to the Champions League final and blockbuster player sales provided an unexpected boost to its financial performance.

Revenue at the English Premier League side, currently mounting a strong challenge to win its first league title in 29 years, was £455m in the year to May 31 2018, a period that covers last season.

Liverpool also made a pre-tax profit of £125m, up £85m from a year earlier.

The figure beats the £92.5m profit achieved by Leicester City in 2016/17, the season the Midlands club played in the Champions League, European football’s most prestigious competition, following its unlikely Premier League victory in 2016.

Liverpool has closed the gap on the sport’s financial elite, which includes Spain’s Real Madrid and Barcelona, England’s Manchester United and Germany’s Bayern Munich. However, each of those clubs still made at least £100m more in revenues than Liverpool last season, according to figures collated by Deloitte, the consultancy.

“What we have seen is a stable and sustained improvement in the club’s financial position over recent years,” said Andy Hughes, Liverpool’s chief operating officer.

Liverpool’s run to the Champions League final last May, when it was defeated by Real Madrid, provided extra income from broadcasters, ticketing and prize money.

Media revenues were £220m, up by £66m from a year earlier. Commercial revenues, such as from sponsorship contracts, were £154m, an increase of £17m. Match day revenues also increased to £81m, up £7m.

Over its financial year, Liverpool made a £124m profit in player trading, in part through the sale of Brazilian midfielder Philippe Coutinho to Barcelona for a reported £142m. In most transfers, fees are paid in instalments, meaning income from the Coutinho transfer will probably be realised over a number of years.

02.08.2019, 06:03 AM	#11597
!@#$%! invito al cielo Join Date: Mar 2006 Location: mars attacks Posts: 42,683	ft copypasta: Liverpool has posted the largest annual profit ever recorded by a football club, after a stellar run to the Champions League final and blockbuster player sales provided an unexpected boost to its financial performance. Revenue at the English Premier League side, currently mounting a strong challenge to win its first league title in 29 years, was £455m in the year to May 31 2018, a period that covers last season. Liverpool also made a pre-tax profit of £125m, up £85m from a year earlier. The figure beats the £92.5m profit achieved by Leicester City in 2016/17, the season the Midlands club played in the Champions League, European football’s most prestigious competition, following its unlikely Premier League victory in 2016. Liverpool has closed the gap on the sport’s financial elite, which includes Spain’s Real Madrid and Barcelona, England’s Manchester United and Germany’s Bayern Munich. However, each of those clubs still made at least £100m more in revenues than Liverpool last season, according to figures collated by Deloitte, the consultancy. “What we have seen is a stable and sustained improvement in the club’s financial position over recent years,” said Andy Hughes, Liverpool’s chief operating officer. Liverpool’s run to the Champions League final last May, when it was defeated by Real Madrid, provided extra income from broadcasters, ticketing and prize money. Media revenues were £220m, up by £66m from a year earlier. Commercial revenues, such as from sponsorship contracts, were £154m, an increase of £17m. Match day revenues also increased to £81m, up £7m. Over its financial year, Liverpool made a £124m profit in player trading, in part through the sale of Brazilian midfielder Philippe Coutinho to Barcelona for a reported £142m. In most transfers, fees are paid in instalments, meaning income from the Coutinho transfer will probably be realised over a number of years.
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