Kieran Maguire: Liverpool to land '£100m+' jackpot
Liverpool could join Man United, Tottenham and Arsenal in making £100million per season in matchday revenue.
That is the view of finance expert Kieran Maguire, who spoke exclusively to Football Insider about the financial benefits of expanding Anfield’s capacity.
As reported by Football Insider, Liverpool are confident that their expansion to Anfield will be completed by the start of the 2023/24 season.
The Merseyside club are set to increase their stadium capacity to 61,000 by adding a further 7,000 seats to the Anfield Road end of the ground.
It marks the second major stadium expansion under the club’s current ownership, with FSG also redeveloping the Main Stand for £110million in 2016.
Maguire believes the expansion could see Liverpool’s matchday revenue climb north of £100million per season.
“First we have to look at the annual cost of the expansion,” Maguire told Football Insider’s Sean Fisher.
“If it’s costing £80 million overall and Liverpool are borrowing in today’s market at five or six per cent, you’re probably talking somewhere in the region of £4 to £5 million in interest.
“When we had the expansion of Anfield a few years ago, match day revenues went up from £62million in 2016 to £84million in the year in which they won the Champions League.
“From an overall point of view, the club will benefit.
“This expansion could bring them into the £100million a year club as far as match day revenues are concerned.
“That’s really important when we take a look at the new financial and sustainability rules for UEFA and also the potential move from the Premier League to implement some form of wage cap linked to revenues.
“We’ve currently got Spurs, Arsenal and Manchester United in the £100million a year club – Liverpool could join them.“