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Liverpool post profit despite record transfer spent

Despite spending a record £223 million on transfers in the last financial year, Liverpool still posted a pre-tax profit of £42 million for their last financial year.

The official figures released on Friday for the period until may 31st 2019 reveal that the club’s transfer outlay included £65 million for Alisson Becker, £53 million for Naby Keita, £44 million for Fabinho, and £12 million for Xherdan Shaqiri.

Offsetting these figures was the money received for players sold, including Danny Ins (£20 million), Dominic Solanke (£19 million) and Danny Ward (12.5 million).

The figures also reveal that improved contracts were awarded to 11 players including club captain Jordan Henderson, the attacking trio of Sadio Mané, Mo Salah, and Roberto Firmino and the full-back pair Trent Alexander-Arnold and Andy Robertson.

The figures do not include the prize money that Liverpool received for winning the Champions League. That occurred in June and will be reflected in next year’s figures.

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