Get all your news in one place.
100's of premium titles.
One app.
Start reading
Liverpool Echo
Liverpool Echo
Sport
Dave Powell

Liverpool and LeBron James perfectly placed to make most of next big football cash cow

For Liverpool, unlocking new commercial avenues and growing revenue streams takes on greater significance than it possibly does at some of their rivals.

The Reds, under the ownership of Fenway Sports Group, have long followed the mantra of spending within their means, something that has come to challenge the patience of some fans in more recent times given the relentless spend of some of those clubs with whom they battle for silverware.

Record revenues of £594m were posted for the most recent financial year, 2021/22, although the costs involved with the running of a club that operates at the top level domestically and on the continent were demonstrated by the fact that the profit before tax was just £7.5m, following a major wage rise of £54m - taking it to £366m - that swallowed up a large chunk of cash.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.