Liverpool have announced a record £533m turnover after a stunning season that saw the club claim their sixth European Cup. The Reds have released their annual accounts for the year ending May 31 2019 – one day before the famous Champions League final win over Tottenham Hotspur in Madrid – which show turnover rose by £78m to £533m.
That represents sustained growth across the club (the 2018 accounts recorded a £455m turnover) and enabled the further investment into a playing squad that won the Champions League and came desperately close to lifting the Premier League title.
Alisson Becker, Naby Keita, Fabinho and Xherdan Shaqiri were all signed during the reporting period for the year up to May 31 2019 while 11 players were handed new contracts including captain Jordan Henderson, Roberto Firmino, Mohamed Salah, Sadio Mane, Andy Robertson and Trent Alexander-Arnold.
Match revenue (£3.5m to £84m), commercial revenue (£34m to £188m) and media revenue (£41m to £261m) were all up with Liverpool posting an overall pre-tax profit of £42m.
And here, the Liverpool ECHO’s Sean Bradbury looks over the financial results.
Produced by Sam Fedrizzi
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