Liverpool's strong media revenue growth has seen overall losses reduced to just £4.8m in their latest accounts.
That means the club's loss-before-tax number has shrunk by £41.5m from the previous year's results.
In new figures released on Friday - a period covering the Reds' 2020 Premier League title win following a three-month pause in play - Liverpool announced that their bottom line had dropped by £3m to £487m.