Liverpool have revealed how much the departure of Jurgen Klopp's coaching team cost the club, while announcing a record pre-tax loss of £57m ($72m).
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German coach departed in summer of 2024Lack of Champions League football cost RedsWage bill on Merseyside continues to riseFollow GOAL on WhatsApp! 🟢📱Getty ImagesWHAT HAPPENED?
German tactician Klopp brought his Premier League title-winning tenure at Anfield to a close in the summer of 2024. His contract on Merseyside was due to run for another two years, with the Reds agreeing to the early termination of said terms.
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Sanctioning that exit did not come cheap, with Klopp and his backroom team pocketing £9.6m ($12m) between them. That sum contributed to Liverpool posting record losses through to the end of the 2023-24 campaign.
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Club revenue did increase to a record high £614m ($774m), as the Reds savoured another Carabao Cup triumph, while commercial revenue has reached £308m ($388m) courtesy of lucrative deals struck with the likes of UP, Google Pixel and Peloton.
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The lack of Champions League football did, however, cost Liverpool dear. Media revenue dipped by £38m ($m) as a result, while administrative costs rose from £562m to £600m ($756m). Bank debt has fallen slightly, while matchday revenue has risen by £22m to £102m ($129m) thanks to the redeveloped Anfield Road Stand.
