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Financial Results ending 31/05/2019

Liverpool announce record turnover & £42m pre-tax profit in latest accounts

The Reds’ success on the field is being matched off it, with a record turnover of £533m ($688m) also confirmed for the year ending May 2019.

Transfers

Liverpool spent £223m ($288m) in that regard, with Alisson Becker, Naby Keita, Fabinho and Xherdan Shaqiri all joining the club during the accounting period. The Reds also handed out long-term contracts to no fewer than 11 first-team players, including Mohamed Salah, Sadio Mane, Roberto Firmino and club captain Jordan Henderson.

Revenue

The latest accounts show that all three major revenue streams have risen sharply, with media revenue increasing by £41m to £261m ($337m), commercial revenue up by £34m to £188m ($243) and match revenue increasing by £3.5m to £84m ($108m).

Liverpool's wage bill also, climbed from £263m ($339m) in 2017-18 to £310m ($400m) in 2018-19. It remains at around 58% of the club's turnover.

Debt

Their net bank debt has been cut from £46m to just £12m ($15m), while their intercompany debt, which relates to a loan club owners Fenway Sports Group (FSG) took out to finance the building of Anfield's new Main Stand, is down from £100m to £79m ($102m). Liverpool plan to use their existing credit facilities to finance their proposed £60m ($77m) redevelopment of the Anfield Road stand, with no need for a second loan from FSG.
They were also able to press ahead with their new £50m ($65m) training facility in Kirkby, with work on the state-of-the-art complex set to be completed in June, in time for Jurgen Klopp and his team to move in for pre-season training.

Urban Appeal

The club’s global social media followers increased by 26 percent to nearly 70m. LFC’s official YouTube channel reached 2.5m subscribers and is the most followed club in the Premier League. Twitter also increased by 11 percent to 13.5m and reached 59m total engagements during the 2018-19 period – 6m more than any other Premier League club.

All in all...not bad at all. In fact this is probably our best set of results in recent memory. Yes even better than 17/18 season.

YNWA

posted on 27/2/20

comment by Taki Minamino (U20650)
posted 1 hour, 1 minute ago
mbappe is stuck at psg for life unless hes runs his contract down
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Yeah, end of 2020/21 season.

posted on 27/2/20

LFC’s official YouTube channel reached 2.5m subscribers and is the most followed club in the Premier League.

Liverpool FC
4.37M subscribers

posted on 27/2/20

So to sum all of the above up:

Revenue up and wages paid up to keep the same relative % -58% money flowing through the club like water to agents and players there.

Match day revenue is a distant third in importance.

The clubs transfers and all outgoings totalled still ebend up with a net profit.

Debt external to FSg was slahsed to a small level and The debt to FSG was paid in a big chunk also.

Seeing we spent hardly anything last summer the profits should be ridiculous this year.

posted on 27/2/20

Top on and off the pitch" oh the jealousy of the opponents!

posted on 27/2/20

If people think about this.

Transfer spend in period.

127mil
Debt reduction 34mil
Fsg payback 21mil
Wage increases 47mil

Net profit 42mil.

If we wipe out all debt 15mil, assume wages increase again and fs g take 21mil again.

We will have spent -20mil this financial year or so.

Next years numbers to may 2020 will be huge profits

posted on 27/2/20

comment by Ole-Dirty-Baztard (U19119)
posted 7 hours, 58 minutes ago
Var and officials:

Liverpool report 35.6m spent on var and officials. 15.2m on var and 20.4m on officials. This had been disguised under an account named ‘888’. Exact details about what the 35.6 bought Liverpool, is unclear, but Michael Oliver was seen to be driving a brand new Bugatti Chiron.
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Run along. Don’t you have a Europey league game to watch

posted on 27/2/20

”The clubs transfers and all outgoings totalled still ebend up with a net profit.

Debt external to FSg was slahsed to a small level and The debt to FSG was paid in a big chunk also.

Seeing we spent hardly anything last summer the profits should be ridiculous this year.“

Transfer expenditure doesn’t go on the p&l, the amortisation costs do.

posted on 27/2/20

That’s right. Transfer expenditure will still show up due to it usually being written over the length of the player’s contract as the payments to selling clubs will be done that way.

Nevertheless next set of FY accounts (for year ending 31st May 2020) will show us absolutely awash with cash, and that’s even before the new Nike deal kicks in which will also give a boost to the 2021 accounts.

Very well run, superb changes on and off the field.

posted on 27/2/20

Correct, though it’s nothing to do with the payments, it’s just the depreciation of the asset, you have to account for it like that.

Even more money coming in from the tv deal too this season.

posted on 28/2/20

comment by Inbefore (U20589)
posted 13 hours, 56 minutes ago
LFC’s official YouTube channel reached 2.5m subscribers and is the most followed club in the Premier League.

Liverpool FC
4.37M subscribers


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As at 31 May

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