Liverpool Football Club recorded a loss of £9 million before tax last season, as increased commercial income did not offset the decline in money made from broadcast rights and revenue from matches.
Liverpool’s biggest income in the 2022-2023 season was £272m, an increase of £25m, generated from off-field income, but the team’s exit from the Champions League round of 16 a year after reaching the final means TV money has fallen. By 19 million pounds sterling, to 242 million pounds sterling.
Match revenues declined by 7 million euros due to the decline in the number of matches the team played last season, compared to the previous season, when the team played in all competitions with a total of 63 matches in which it was available to participate, and won two local cup titles and reached the Champions League final.
While the club’s total revenues have remained steady at £594 million, increasing costs are negatively impacting the general budget, with staff expenses rising by 79 percent since 2018, rising from £208 million six years ago to £373 million for the year ending in. May 2023.
In this period alone, salaries rose by £7 million to £373 million.
During the same period, administrative expenses increased by 70 percent to 562 million pounds sterling from 320 million pounds.
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