Liverpool have fallen to seventh in the list that shows the financial muscle of Europe's biggest clubs.
The Reds, while managing the impact of the pandemic better than most, with a combined loss over the last two years of £50.8m compared to the hundreds of millions of losses accrued by their rivals, have fallen two places in the annual Deloitte Football Money League after posting revenues of £487m for 2020/21, a figure reflected in the report as €550.4m.
Liverpool's revenues only fell by £3m year on year, and when compared to the losses suffered by rest of the Premier League's 'big six' they account for just 6.5 per cent. But the focus on cost management, a season which was played behind closed doors and the full impact of the Nike deal not able to be felt due to the impact of the pandemic on retail means that the Reds weren't able to push above the £500m barrier that they broke through in 2019 when they booked £533m in revenues after winning the Champions League.
