NEWS
Liverpool FC reveals record revenues as profits soar to £125m
POSTED 08 Feb 2019 . BY Tom Walker
On-field success has helped English Premier League club Liverpool FC (LFC) post record revenues for its last financial year.

Reporting its financials for the year to 31 May 2018, the club saw pre-tax profits grow by more than 300 per cent – from £40m to £125m.

The growth was driven by on-field success, which saw the turnover during the period increase by £90m to £455m.

"All three revenue streams saw rises with media revenue increasing by £66m to £220m, commercial revenue increasing by £17m to £154m and match revenue increasing by £7m to £81m," the club said in a statement.

The majority of the increases are a result of the club's qualification for the Champions League and the additional games progressing through to the final.

The club did not participate in any European competition in the previous 2016-17 season.

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

"This growth and increase in revenue has enabled us to significantly reinvest both in the playing squad and the football operational infrastructure.

“Financial results do fluctuate depending on player trading costs and timing of payments but what’s clear in these latest results is the further strengthening of our underlying financial footing and profits being reinvested in the squad and infrastructure.

"In addition, the capital investment in our new training complex in Kirkby is well underway which will provide first-class amenities for our players and staff, and will vastly improve sports facilities for the community of Kirkby.”
PROJECT PROFILE:

Liverpool FC Stadium Expansion
An expansion of Liverpool Football Club’s Anfield Stadium is set to start this week after construction firm Carillion signed a £75m contract to carry out work on the main stand. ork to add 8,500 seats to the Main Stand – part of a larger £260m (US$426m, €331m) plan to transform the area around Anfield into a mixed-use leisure hub – is scheduled for completion during the 2016/2017 football season.

Location: Liverpool , United Kingdom
Budget: £260m total

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08 Feb 2019

Liverpool FC reveals record revenues as profits soar to £125m
BY Tom Walker

The club saw pre-tax profits grow by more than 300 per cent – from £40m to £125m

The club saw pre-tax profits grow by more than 300 per cent – from £40m to £125m

On-field success has helped English Premier League club Liverpool FC (LFC) post record revenues for its last financial year.

Reporting its financials for the year to 31 May 2018, the club saw pre-tax profits grow by more than 300 per cent – from £40m to £125m.

The growth was driven by on-field success, which saw the turnover during the period increase by £90m to £455m.

"All three revenue streams saw rises with media revenue increasing by £66m to £220m, commercial revenue increasing by £17m to £154m and match revenue increasing by £7m to £81m," the club said in a statement.

The majority of the increases are a result of the club's qualification for the Champions League and the additional games progressing through to the final.

The club did not participate in any European competition in the previous 2016-17 season.

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

"This growth and increase in revenue has enabled us to significantly reinvest both in the playing squad and the football operational infrastructure.

“Financial results do fluctuate depending on player trading costs and timing of payments but what’s clear in these latest results is the further strengthening of our underlying financial footing and profits being reinvested in the squad and infrastructure.

"In addition, the capital investment in our new training complex in Kirkby is well underway which will provide first-class amenities for our players and staff, and will vastly improve sports facilities for the community of Kirkby.”



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