Liverpool set to financially overtake Man Utd after posting record £533m annual turnover with growth ‘across all areas’ – The Sun
LIVERPOOL are close to knocking Manchester United right off their financial perch after posting a record-breaking annual turnover of £533million.
Sir Alex Ferguson once used a very similar phrase in describing his mission to make United the most powerful club in the land…. he just used a different F-word.
But Jurgen Klopp’s side are now only 12 points away from their first Premier League triumph – which would take them back to within one of United’s 20 top-flight titles.
They are also on the financial trajectory that by could soon see them overtake their bitter Old Trafford rivals as well as Manchester City in terms of money made over a season.
Liverpool currently lie seventh in Deloitte’s Football Money League of the richest clubs in the world behind their Manchester rivals, with United third and City sixth.
But just like things have been changing radically on the pitch, so they are off it.
The release of Liverpool accounts for last season came less than 48 hours after United revealed that their net debt of had gone up by £73.6m to £391.1m.
They also predicted as part of their second quarter accounts that annual turnover is likely to hit between £560m and £580m.
Those figures reflect the lack of Champions League football at the club – and mean Liverpool could be less than £30m away from overtaking them. For the cash is rolling into Anfield.
Thanks to last season’s second-place run of 97 points and triumph over Tottenham in the Champions League final in Madrid, Liverpool became the first club to earn £250m in TV money.
Their financial figures by this time next year are likely to go through the roof of the re-built main stand that is helping pile up the profits.
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