Liverpool set to overtake Manchester United as England’s richest club
Liverpool FC are placed in a position to overtake Manchester United as the richest club in the country. This is as per the Football Business website Off The Pitch. (h/t The Express)
The Reds could possibly announce a record revenue turnover come to the end of the financial year. The club generally publishes their audits early during the calendar year.
‘The Financial Forecast 2022’ foresees Liverpool to post revenues of £602m, overtaking Manchester United. A pre-tax profit of £76m has been predicted for the Merseyside giants as well. Revenues were obviously set to rise after this season generated ticket sales, unlike last year wherein most fixtures were played behind closed doors.
Liverpool’s domestic success last season is a major contribution to the boost in revenue. Winning two domestic cups, a strong league campaign finish and an extremely strong finish in the UEFA Champions League, emerging second only to Real Madrid. The European competition alone contributes figures of around £100m to the club’s treasury.
Liverpool will surpass Manchester United’s prediction of £581m, placing the Reds £21m ahead in accordance with the reports. League winners Manchester City will see revenues of around £610m, but their pre-tax profit shall be less than that of Liverpool; around £16m. Additionally, Liverpool’s new commercial deals have added to the figures as well.
This season though, the wage bills will increase with new deals for multiple players including the likes of Mohamed Salah, Diogo Jota, Joe Gomez and Harvey Elliott.
It was claimed that Off The Pitch’s 2019 report, the last one produced before COVID-19 was “99.9% accurate.”
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Liverpool, alongside recording such staggering numbers in terms of revenue, would obviously look to add on to the silverware they picked up last season.
