try to secure a top four position. It seems so.
Liverpool announce annual loss of £50m in new club accounts
• £50m lost before tax in figures to end of May 2013
• Club's ability to obey Uefa's financial fair play rules in doubt
The Guardian, Tuesday 4 March 2014 11.03 GMT
Liverpool made a £50m loss in the 2012-13 financial year, according to the club's annual accounts. The figures, for the year to 31 May 2013, show that the club made an operating profit of £15m but were pushed into the heavy loss by the writing down of players' contracts, an accounting requirement, and a £13m loss on the sale of players.
The £50m loss, which follows £41m reported for a ten-month period to 31 May 2011, appears to put Liverpool's total loss very much higher than the €45m (£37m) total permitted by Uefa for this two-year period under its financial fair play rules. The club, which stated that the figures show it is making "good progress" financially, did not comment on whether it is likely to be considered in breach of FFP when Uefa assesses clubs in the next two months.
Naughty boys. Trying to buy your way to a top four position.
Are Liverpool breaking the rules to
posted on 5/3/14
Didn't Chelsea similar?
Make a loss in a single season isn't enough for UEFA to act. If they are going to punish a big club though, you can bet it will be an English one.
posted on 5/3/14
Surely the 10 month period leading to May '11 is completely irrelevant to any kind of 2 year period? The article appears to pick and choose which time frames are relevant to try and make their point seem valid.
posted on 5/3/14
figures are 18months old, plus ffp dicount stadium things ect
posted on 5/3/14
Your is stadium more of a myth than ours
posted on 5/3/14
on on about from hicks and gilette, that had to be paid off by fsg.
posted on 5/3/14
This is so desperate
posted on 5/3/14
From the club who just jizzed away 100 million
Spurs have spent about a quarter of a billion per trophh - only 2 league cups
Liverpool have spent about 60m per trophy
Looks like the OP hasn't got a clue
posted on 5/3/14
Liverpool were in Europe last season with no problems.
Since then they've hardly broke the bank.
I don't think people quite realise how FFP works.
The majority of Liverpool's losses are down to debt repayments, this doesn't infringe on FFP - as Liverpool are able to buy and pay players without making losses.
posted on 5/3/14
Facts don't fit in with people's perceived view of finances, Darren. It's the same reason we've been in '1 billion' debt for the last 10 years - people haven't got a fúcking clue is all it boils down to.
posted on 5/3/14
Yeah pretty much, Jay.
The cries about FFP from some people make me laugh because they obviously have no clue how it all works.