Liverpool are set to become the first football club to register an annual net profit of €100m.
Liverpool could be set to break the world record for pre-tax profits made by a football club, as they look set to break the €100million (£88.2m) mark. The Anfield outfit earned €81.3m for finishing runners up in last season’s Champions League and also bagged around €130m for the sale of Philippe Coutinho.
Their current success on the pitch looks set to be matched by figures off of it, with a record-breaking profit forecast by those clued up on the financial side of the game. Jürgen Klopp hasn’t held back in the transfer market with Mohamed Salah, Virgil van Dijk, Andrew Robertson and Alex Oxlade-Chamberlain all joining in the financial year ending May 2018.
The Merseyside outfit earned a reported €81.3m (£71.7m) from their run to Kiev last year, and having not participated in the competition the year previous, that will represent huge growth.
Leicester City currently hold the Premier League record for pre-tax profits thanks to their season in Europe’s top competition.
But according to Inside World Football, after looking at Uefa’s annual Football Report, it is estimated that the Reds will become the first club in history to earn €100m.
IWF stated: “UEFA Champions League prize money of €82m drove Leicester City to the highest net profit in history in FY2017 (€98m), beating the previous record of €78m set by Tottenham Hotspur in FY2014 (with Liverpool FC set to break that record again in FY2018).”