Finance guru: Liverpool to be one of Europe’s ‘biggest winners’ after £462m reveal
Liverpool will be one of the main beneficiaries of Uefa’s overhaul of the financial fair play system.
That is the view of finance expert Doctor Dan Plumley, speaking exclusively to Football Insider about the new revenue-based spending controls.
Per the New York Times last Tuesday (22 March), new rules permit clubs to spend no more than 70 per cent of turnover on transfers, wages and agents.
The current system limits clubs to £25millon worth of losses over a rolling three-year period.
Liverpool finished 7th with revenues of £462m in the 2022 Deloitte Football Money League, which was published on 20 March.
Plumley explains why the Merseysiders’ status as one of the game’s biggest earners means the new spending system will work in their favour.
“They were third in terms of revenue in the Premier League,” the Sheffield Hallam University expert told Football Insider‘s Adam Williams.
“If you look at the numbers, the clubs with bigger turnovers are bound to be the biggest winners.
“It’s therefore the case that the more you earn, the more you can spend in absolute terms.
“The Premier League’s biggest clubs are at an advantage. Liverpool are in the top 10 of the Deloitte Football Money League. They will benefit from this.“
The proposed new rules are expected to be implemented fully by 2025.
Clubs will be allowed to spend 90 per cent of turnover on player costs from next season, decreasing 10 per cent year on year.
In other news, ex-Fifa official suggests Jurgen Klopp has ‘put in alert line’ for Mohamed Salah after Liverpool reveal.