Liverpool announced a pre-tax loss of £57 million ($72 million) for the 2023/24 season, attributing the setback to their absence from the Champions League and rising operational expenses.
Despite the loss, the club’s overall revenue increased by £20 million to £614 million, with commercial revenue surging by £36 million to £308 million. However, a £38 million drop in media revenue contributed to a second consecutive year in the red.
Liverpool’s failure to qualify for the Champions League for the first time since 2016/17 impacted finances, though matchday income grew by £22 million following the expansion of the Anfield Road stand. Staff costs, including wages and bonuses, rose by £13 million to £386 million, partly due to incentives for Champions League qualification and their League Cup victory in Jürgen Klopp’s final season.
Severance payments for Klopp and his coaching staff totaled £9.6 million, while the departures of high earners like Roberto Firmino, Fabinho, and Jordan Henderson helped ease the wage bill. The club also invested around £150 million in new signings, including Alexis Mac Allister, Dominik Szoboszlai, Wataru Endo, and Ryan Gravenberch.
Finance officer Jenny Beacham emphasized the club’s commitment to financial sustainability, citing the importance of increasing revenue streams to balance rising costs.
Currently, Liverpool is on track for a record-equalling 20th English top-flight title, leading the Premier League by 13 points with 10 games remaining. They are also set to face Newcastle in the League Cup final on March 16 and will play Paris Saint-Germain in the Champions League last 16.
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