Home ENTERTAINMENT SPORTS Liverpool announce Sh5.5b pre-tax profit 2020

Liverpool announce Sh5.5b pre-tax profit 2020

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The club, who also finished as Premier League runners-up, said turnover rose by Sh10 billion for the year ended May 31, 2019, and that it had invested a club record Sh30.3 billion in players.

Liverpool signed goalkeeper Alisson and midfielders Naby Keita, Fabinho and Xherdan Shaqiri during the accounting period and offered new deals to 11 players, including Jordan Henderson, Roberto Firmino, Mohamed Salah, Sadio Mane, Andy Robertson and Trent Alexander-Arnold.

Media, commercial and match revenue all increased as a result of the club winning their sixth European Cup in the same season that a new Champions League broadcasting deal commenced.

Media revenue rose by Sh5.3 billion to Sh34 billion, commercial revenue was up Sh4.4 billion to Sh24.5 billion, and match revenue climbed Sh455 million to Sh11 billion.

“What we’re seeing is sustained growth across all areas of the club, which is aligned to the recent performance on the pitch,” chief operating officer Andy Hughes said in a statement.

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