Kieran Maguire: Liverpool could land stunning £20m-a-year windfall amid official update
The imminent stadium expansion plans at Liverpool will be worth a “half-decent signing” every year.
That is according to finance guru and Football Insider columnist Kieran Maguire, speaking exclusively after Liverpool announced on 15th June that they had been given planning permission for the development.
The plans will boost capacity by 7,000 to 61,000 and, according to the Liverpool Echo on 15th June, will set Liverpool back around £60million.
In an accompanying statement, Liverpool’s managing director Andy Hughes called the development a “huge milestone.”
The club redeveloped the Main Stand at Anfield between 2014 and 2016 as capacity soared by 9,000.
Maguire predicts that Liverpool can expect a similar jump in matchday takings with these fresh expansion plans.
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He told Football Insider correspondent Adam Williams: “If we take a look at what happened with the expansion of the Main Stand, that led to an annual increase in revenues of £20m a year.
“That took them from 45,000 to 54,000. So I’d expect a similar increase in revenue. That’s a half-decent signing a year. That’s the way to view it.
“To a certain extent, you’ve got to run to stand still. West Ham have now got 62,000, Spurs have got 62,000, Arsenal are at 60,000, Man United at 76,000.
“So looking at Liverpool, 54,000 is now a wee bit behind their rivals in the Premier League. At 61,000, that’s more like it.”
Anfield is the sixth-largest stadium in the Premier League by capacity.
It has been Liverpool’s home since the club’s inception in 1892.