Liverpool today confirmed a pre-tax loss of £ 46million in a statement on their official website.
The accounts show the Reds’ income for the period up to May 31, 2020 and as business income jumped from £ 29million to £ 217million, media income fell by £ 59million .
Below is a simplified breakdown of all finances:
- The pandemic affects the last three months of accounts
- Media revenue down £ 59million to £ 202million
- Daily revenue down £ 13million to £ 71million
- Commercial revenue up £ 29m to £ 217m
- Overall revenue down £ 43m to £ 490m
- The pre-tax loss was £ 46million
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The numbers above show the impact of the ongoing COVID-19 pandemic on the reigning Premier League champions in one of their most successful spells, so think of the less fortunate clubs.
No doubt the lawsuits at Anfield will not be eager to go through the next financial report in 12 months, as it is expected to be much worse.
Last year’s trading income has helped temper Liverpool’s overall earnings, but the club have endured a miserable season this quarter, so the return of fans inside the stadium will be the first major financial boost the players have. Reds (With a bit of luck) be returned after the summer.