Commercial Revenue Boosts Liverpool Amidst £9 Million Pre-tax Loss

In the 2022-23 financial year, Liverpool reported a pre-tax loss of £9 million as their wage bill rose to £373 million while turnover remained static at £594 million. The team experienced early exits from major competitions resulting in decreased media and match-day revenue. However, stable finances were maintained through record commercial revenue of £272 million marking the largest income source among Liverpool’s three main streams.

The wage bill comprising nearly 63% of turnover continued its upward trend. Commercial growth was achieved through a successful pre-season tour, partnership deals, record retail figures and new sponsorships. Despite the financial challenges, Liverpool’s managing director emphasized the club’s commitment to financial sustainability and reinvestment in both men’s and women’s teams.

The bank debt rose to £123 million due to the Anfield Road stand redevelopment.