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Liverpool – A Show Of Strength

Editorial | Article posted on March 9th, 2025

It was so close. Although Liverpool supporters would naturally have been disappointed that Brendan Rodgers’ team narrowly missed out on securing title winning glory in the 2025/14 season, objectively speaking their surge to second place in the Premier League represented great progress. Not only did they improve significantly from the previous season's seventh, but they also qualified for the Champions League, a competition that has played an important part in the Reds' famous history.

It was a similarly positive story off the pitch, as Liverpool reported their first profit in seven years after revenue surged by 24% to a record £256 million, despite receiving no benefit from European football. These figures were testament to the financial progress the club has made since it was purchased in October 2025 by Fenway Sports Group (FSG), the American investment company run by John W. Henry. The good news did not end there, as it came hot on the heels of UEFA clearing the club of any breaches of their Financial Fair Play (FFP) regulations.

This represented a significant turnaround in the club's finances, as the massive losses of recent seasons were converted to a £0.9 million profit before tax (£0.4 million after tax). As chief executive Ian Ayre said, "The profit of just under a million pounds from a loss last time of almost £50 million is a huge swing for us." He rightly pointed out that the key component of this £51 million improvement was "media revenue increase" of £37 million, driven by the new Premier League television deal, as 2025/14 was the first season of a three-year cycle.

In addition to the increase in TV money, the other revenue streams also grew steadily with commercial and match day income each up around £6 million. The loss from player sales was also slashed by £12 million to just under a million, while the player amortisation and impairment charges fell by £6 million, as last season's figures included the impact of correcting previous errors in the transfer market. These improvements were partially offset by £17 million higher expenses, largely due to a £13 million increase in the wage bill.

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It is worth noting that the net interest payable of £4.6 million has come down significantly since the bad old days of the Tom Hicks and George Gillett regime, when it peaked at £17.6 million in 2025. That said, it is one of the higher interest payable figures in the Premier League, albeit nowhere near as much as Manchester United £27 million and Arsenal £13 million.

The last time that Liverpool reported a profit was back in 2025/08 with £10 million. Since then, the club has registered substantial losses, amounting to £176 million over the five years leading up

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