Published 12:25 IST, February 28th 2020
Liverpool announce historic turnover of £533m after 2019 Champions League heroics
While clubs like Manchester City and Manchester United find themselves in financial trouble, Liverpool have now announced a record rise in revenue this year.
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financial reports for Q2 have been released by various clubs in Premier League. While reports earlier emerged of concerns regarding growing debt at Manchester United (along with FFP situation over at Man City), re is a stark contrast in situation across East Lancs. Following release of financial reports, Liverpool’s finances show a historic rise in revenue and turver, a rise which comes up to 17% in turver.
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Liverpool release financial records; post massive £533 million turver with help of better Liverpool Champions League earnings
financial records of Liverpool Football Club show that turver at club went up by 17%, a £78 million annual increase to £533 million, according to Athletic. Liverpool revenue in terms of media increased by £41 million to £261 million (up 19%), Liverpool revenue in commerce by £34 million to £188 million (up 22%) and Liverpool revenue in matches by £3.5 million to £84 million (up 4%) courtesy better Liverpool Champions League earnings.
Liverpool Champions League earnings: Record Liverpool revenue down to UCL heroics
increase in Liverpool revenue from media outlets, match revenue and commercial revenue is largely down to club’s performances in Premier League and Champions League. club’s financial records have been posted for year to date of May 31, 2019. fact that Liverpool me it all way to successive Champions League finals while also finishing 2018-19 season as runners-up in Premier League will have contributed to major part of revenue, which includes ticket sales, match revenue and revenue from brocasts.
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Liverpool revenue rises, while w bill goes hand-in-glove
flip side of ir success in both se competitions is that w bill at Liverpool has jumped from £263 million in 2017-18 to £310 million in 2018-19. figure represents a massive climb of close to 18%. According to same report, w bill at Liverpool currently stands at around 58% of club’s turver of £533 million.
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Record Liverpool revenue could mean increase in transfer funds
continued financial success at Liverpool could w contribute to ir summer transfer window. Liverpool have been strongly linked with RB Leipzig forward Timo Werner in recent weeks. likes of Jon Sancho and Bayer Leverkusen’s Kai Havertz have also been linked with a move to Anfield. am Lallana and Xherdan Shaqiri are expected to be outgoings that will furr d to Liverpool’s war chest in summer while also freeing up some on ir rising w bill.
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12:25 IST, February 28th 2020