Liverpool have announced record revenues of £594m and a pre-tax profit of £7.5m - but the figures underline the importance of Champions League football.
The club published their latest financial accounts, up to May 2022, this morning and it showed that almost 45% of their revenue had come from TV money, significantly boosted by their run to last season’s Champions League final.
Liverpool will have also received in the region of £100m in UEFA prize money, placing further emphasis on how damaging it will be if they fail to qualify for next season’s Champions League.