Breaking news: Liverpool smash £500m mark in stunning financial results

Liverpool have announced a record £533m turnover after a stunning season that saw the club claim their sixth European Cup. The Reds have released their annual accounts for the year ending May 31 2019 – one day before the famous Champions League final win over Tottenham Hotspur in Madrid – which show turnover rose by £78m to £533m. That represents sustained growth across the club (the 2018 accounts recorded a £455m turnover) and enabled the further investment into a playing squad that won the Champions League and came desperately close to lifting the Premier League title. Match revenue (£3.5m to £84m), commercial revenue (£34m to £188m) and media revenue (£41m to £261m) were all up with Liverpool posting an overall pre-tax profit of £42m. And here, the Liverpool ECHO’s Sean Bradbury looks over the financial results.

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