Liverpool has placed a general loss of £ 57 million compared to last season's accounts.
The commercial turnover of the Reds increased by £ 36 million to £ 308 million, but a huge failure in media income due to the lack of Champions League football has helped to change their accounts into a shortage for the season. Media income fell by £ 38 million to £ 204 million with the club in the Europa League and reached the quarterfinals of the competition.
Part of it was compensated by finishing third in the Premier League, an improvement compared to the previous campaign. They also won the Carabao Cup. But it didn't help them to achieve a loss with a loss for tax on £ 57 million. The club runs no risk PSR regulations to break and will continue to invest in the team.
Jenny Becham, Chief Finance Officer of Liverpool, said: “The operation of a financially sustainable club remains our priority and, with the continuous increase in costs, it is essential to grow income flows year after year to maintain financial stability.
“The success of our commercial activities, together with the opening of the new Anfield Road Stand, has increased our income during this reporting period, which shows our desire to continue to compete at the highest level of football in the game for men and women.
“The global attraction of this football club remains phenomenal and is the underlying power and opportunity we have for continuous growth. We also take our social responsibilities seriously, with the help of our global attraction to increase our efforts for the impact of communities and sustainability, in which we lead the way in the football industry.
“We will continue to operate in accordance with the financial rules and regulations of football while maintaining investment options in our activities, infrastructure and players. Our focus at the moment is to end as strong as possible this season, both on and outside the field, to fulfill our collective ambitions for success. “
The income of the MatchDay rose £ 22 million to £ 102 million thanks to the extensive Anfield Road Stand. Although commercial turnover has risen £ 36 million to £ 308 million thanks to deals with UPS, Google Pixel, Peloton and Orion Innovation, with Kodansha and Carlsberg that expand their existing partnerships.
The administrator costs have risen by £ 38 million to £ 600 million, while the total turnover increased to £ 614 million, an increase of £ 20 million to 2022-23. The administrative cost rises are due to numerous factors, including inflation, wage increases for playing and non-playing employees and other items such as rising utility costs.
The accounts include considerable investments in the play staff for the men's team with Alexis Macallister, Dominik Szoboszlai, Wataru Endo and the costs of Ryan Gravenberch. While 11 contracts were extended and there was also investment in the women's team team.
Liverpool will hope that the fact that they are included in this season's Champions League will mean that the shortage must be considerably less next season, although that depends on a number of factors, including investments in players.
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