Liverpool back in profit in title-winning season - return to Champions League helps club post record revenues
Liverpool FC returned to profit after their Premier League-winning season with the club posting record revenues of more than £700m.
In the year to 31 May 2025, overall revenue increased by £89m to £703m while the Reds made a profit after tax of £8m.
Alongside record revenue growth, administrative costs continued to increase significantly, which was mainly due to higher staffing costs, with an increase of £42m to £428m.
Those costs have more than doubled since 2016-17 and now put them ahead of Manchester City, whose employee costs for the same season were £408m.
A £60m increase in media revenue provided the largest uplift to finances, due to the men’s team reaching the last 16 of the Champions League, compared to the quarter-finals of the Europa League in the previous season.
This reporting period was the first full season operating the new Anfield Road Stand, which supported the increase in matchday revenue, alongside on-pitch performance that saw the club win its second Premier League title in five years.
Jenny Beacham, LFC’s chief financial officer, said: "We make no secret of our desire to run and operate a financially sustainable club, to grow revenue streams, and to do all we can off the pitch to help bring more success on it.
"The 2024-25 season is a great example of how this can work, with record revenues alongside the men’s team winning our 20th league title.
"The challenge for us is to continue with our growth through the incredible work that we do in areas such as our partnership portfolio and retail offerings, as well as continuing to diversify our focus to best serve our global fan base.
"The club does face significant cost challenges, including rises in administrative, staffing and operational costs, alongside the need for us to compete at the highest level of the game across our men and women’s teams.
"Since this reporting period we have invested significantly to continue to enhance our playing squads, investing in the club’s present and in its future too."
In their previous financial year, Liverpool reported an overall loss before tax of almost £60m - after missing out on the Champions League in the season covered by those accounts.