Liverpool Reports £57m Loss for 2023/24 Season Due to Rising Costs and Europa League Participation
The club's financial results highlight increased revenues but a significant drop in media income after missing the Champions League.
- Liverpool recorded a pre-tax loss of £57 million for the 2023/24 season, following a £9 million loss the previous year.
- Revenue rose by £20 million to £614 million, driven by a £36 million increase in commercial income and a £22 million boost in matchday revenue.
- Media revenue fell by £38 million to £204 million, largely due to competing in the Europa League instead of the Champions League.
- Administrative expenses surged to £600 million, with the wage bill rising to £386 million, including £9.6 million in severance payments to Jurgen Klopp and his coaching staff.
- The club's financial stability is bolstered by strong commercial growth, including new partnerships with brands like UPS, Google Pixel, and Peloton, and the opening of the new Anfield Road stand.