Kieran Maguire: Liverpool £50m investment will now be ‘huge’ under new rules
The £50million spent by Liverpool to expand Anfield will have a “huge impact” under new Premier League financial rules.
That is the view of finance expert Kieran Maguire, who exclusively told Football Insider that Liverpool can expect a major increase in matchday revenue which will subsequently increase their transfer budget.
Liverpool’s parent company – UKSV Holdings – published their 2022-23 accounts earlier this month revealing a turnover of £594million.
The accounts also showed that Liverpool invested £49.3million over 2022-23 in stadium development via the expansion of the Anfield Road stand.
The expansion has now taken the overall capacity of Anfield over 60,000.
Premier League clubs voted on Monday (11 March) to introduce new financial regulations that cap spending to a percentage of a club’s overall revenue.
Liverpool transfer budget will inflate because of £50m Anfield plan
Maguire explained that the money invested into Anfield will grow Liverpool’s revenue and therefore increase the amount they can spend under the new rules.
“Liverpool under FSG run a very slick operation and we can expect major increases in match day revenue,” Maguire told Football Insider’s Sean Fisher.
“The club will be very keen to join the £100million-a-year club when it comes to matchday income – currently only Manchester United, Spurs and Arsenal achieve that figure.
“The increased capacity at Anfield, with the emphasis on hospitality tickets and member tickets as opposed to season ticket sales, can help to increase the spend per head at Anfield.
“This is something FSG are very keen to encourage.
“This will have a huge impact on the financial and sustainability rules which links the amount you can spend on wages to revenue.”
In other news, Kieran Maguire: FSG ‘will be happy’ after big Liverpool announcement
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