As High Press Soccer wrote last month when the Deloitte Football Money League report came out, Liverpool was poised to post record net profits.
The final numbers are in, and it’s official: Liverpool earned a European club record £106m ($137M USD) net profit last season.
This tops Leicester City’s previous record of £80m.
How They Got There
Liverpool’s two biggest unexpected revenue chunks came from the sale of Philippe Coutinho‘s £142m transfer to Barcelona, and earning £72m by making the Champions League finals (an extra sweet bonus after jettisoning Coutinho).
They also massively boosted their media, sponsorship, and match revenue.
Long gone are the days of near bankruptcy for the Reds.
More impressively, the record net profit comes after dropping £190m ($251M USD) on players. Liverpool is earning, but unlike Premier League peers such as Newcastle United, they’re actually spending it where it matters most too.
