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Liverpool Echo
Liverpool Echo
Sport
Dave Powell

FSG truth emerges as £1.1bn black hole exposes big difference between Liverpool and rivals

The impact of the pandemic wreaked havoc on football clubs and their balance sheets.

Since Covid struck in early 2020 there have been two financial periods published by clubs that have demonstrated just how severe the money issues have been for clubs.

The 2019/20 season was paused before restarting behind closed doors, something which forced clubs into rebates to broadcasters owing to the impact on schedules. Then, the following season, came a campaign that while played on time and in its entirety despite the pandemic raging, was done so without fans in stadiums, meaning that hundreds of millions was wiped off the balance sheets of or that period. Some fared better than others, though.

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