What Liverpool £9m financial loss means for PSR and summer transfer plans
Liverpool are comfortably within the Premier League's Profit and Sustainability regulations after posting their financial results for the 2022/23 season.
The Reds recorded a £9million pre-tax loss for the previous 12 months but saw their commercial revenue reach record highs after rising £25m to £272m after a drop in media revenue of £19m and matchday revenue (£7m year-on year). Jurgen Klopp's side are enjoying a fine season in the Premier League as they sit top of the table, in the Europa League and FA Cup quarter-final with a Carabao Cup honour already wrapped up.
After a season away from the elite European competition, Liverpool are set to return to the Champions League in the first campaign guided by a new manager after Klopp announced his shock departure in January. Their failure to qualify for the tournament last season and the exit to Real Madrid in the last-16 sparked the revenue fall to £242m - compiled with the decrease in matchday revenue due to fewer games being played at Anfield.
Pep Guardiola has got Liverpool stuck in his head - they're his worst nightmare
What Liverpool fans chanted after rising above classless and unnecessary songs
Liverpool have had continued commercial growth with kit manufacturer Nike, as well as deals with Standard Chartered - main kit sponsors - and sleeve partners Expedia. The arrival of Darwin Nunez, Cody Gakpo and Calvin Ramsay plus 12 new contract extensions saw the clubs wage bill increase from £366m to £373m.
Under Klopp, the Reds have never been free-spending and with a view to next year, the figures will be different following the departures of Jordan Henderson, Fabinho and Roberto Firmino, as well as the summer arrivals including £60m-rated Dominik Szoboszlai after his
Read on liverpoolecho.co.uk
