Liverpool’s accounts for the 2021/22 period show a business in robust health, but one that faces challenges moving forward in order to keep challenging at the summit.
Record revenues that rose £107m to £594m for the 2021/22 financial year, published today, are somewhat skewed by the £83m boost that a full year of fans back in stadiums post pandemic delivered. But a £7.5m profit and most of the key markers moving in the right direction do point to a business that has emerged resolute from an unprecedented three years off the pitch, when traditional revenue streams were stifled and the biggest clubs across in Europe were haemorrhaging money.
However, within the numbers there are clues to how difficult it has become to operate at the highest level.