Figures dwarf Scots clubs' results
Liverpool score highly with world record profit of £125m
Liverpool boss Jurgen Klopp has spent £190m on his squad in a bid to win the English Premier League for the first time in 29 years (pic: SNS Group)
Liverpool Football Club posted a world record pre-tax profit of £125 million for the last financial year, an increase of over 300% on the previous 12 months.
Making it to the final of the Champions League – where they lost to Real Madrid – and the £142m sale of Brazilian Philippe Coutinho helped send The Reds’ bank balance soaring with turnover up £90m to £455m.
The Anfield annual accounts for the financial year to 31 May 2018 showed pre-tax profits increased from £40m the previous year, when there had been no European football.
The figures once again demonstrate the gulf in finances between Scottish clubs and their counterparts south of the Border.
The Anfield numbers dwarf those reported by Scottish champions Celtic in their latest set of accounts for the financial year ending 30 June 2018.
The Glasgow giants, chasing an eighth successive league title this season, posted a pre-tax profit of £17.3m which was helped considerably by qualification for the Champions League and back-to-back Trebles.
Rivals Rangers on the other hand reported a loss of over £14m for the same period. Hearts’ accounts showed a profit of £1.8m, while Aberdeen made £85,000.
Liverpool’s profit after tax was £106m. The club, currently bidding for its first Premier League title for 29 years, revealed it has reinvested £190m into Jurgen Klopp’s squad in search of glory.
Revenue from media grew by £66m to £220m, commercial revenue rose £17m to £154m and match revenue increased to £81m from £74m. The club’s overall wage bill now sits at £263m, with external debt at £56m.
The accounts include the signings of Scotland international defender Andy Robertson, former Celtic centre-half Virgil van Dijk, Mohamed Salah, Alex Oxlade-Chamberlain and Dominic Solanke.
They do not reflect the £174m spent on bringing goalkeeper Alisson, Naby Keïta, Fabinho and Xherdan Shaqiri to Merseyside.