(Credit: Imago/Getty Images)
(Credit: Imago/Getty Images)

Exclusive: The £60m boost behind Liverpool’s record-breaking update

James Murray

James holds a degree in Sports Journalism and Communications (MA) from the Real Madrid Graduate School. He has experience working for a number of local news outlets as well as the Sunday Mirror and Real Madrid TV. James is from Scunthorpe and has an affinity with Scunthorpe United, but is also a huge West Ham supporter and an expert on all things to do with the Hammers. He started working for Breaking Media in July 2023, initially writing on the Club Sites, where he specialised in West Ham content, before moving to Football Insider – where he is now an expert in football finance, speaking regularly with Stefan Borson and Keith Wyness to generate high-quality content in all things related to finance in the Premier League, Football League, and Scottish Premiership.

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Liverpool have broken their club-record revenue after posting the highest financial results in the Premier League. 

Arne Slot’s side published their accounts for last season on Friday (27 February), showing their turnover increased from £614million in 2023-24 to £703m. 

That was backed by a surge in broadcast revenue after winning the Premier League title, with the Merseyside giants’ figures improving by £60m from £204m to £264m in 2024-25m. 

Elsewhere, commercial income increased from £308m to £323m as they continue to cash in on sponsorship opportunities at Anfield. 

Matchday income also received a boost following Liverpool’s return to the Champions League last season, with their numbers rising from £102m to £116m. 

How Liverpool's accounts compare to Man City

Following years of financial dominance from Manchester City, Liverpool now lead the way with the Premier League’s highest revenue. 

Meanwhile, Deloitte’s 2026 Money League revealed the Reds are fifth in the world behind Real Madrid, Barcelona, Bayern Munich and PSG. 

Real Madrid topped the list with a turnover of £975m following the financial success of their Santiago Bernabeu revamp. 

John Henry Liverpool
John Henry has helped improve Liverpool's financial situation (Credit: Imago)

Man City posted their official numbers in December, showing their revenue slipped from £715m in 2023-24 to £694m due to their reduced prize money after failing to win a major trophy last season. 

Meanwhile, Arsenal closed the gap on Pep Guardiola’s side after finishing second in the Premier League table for the third successive campaign. 

The Gunners, who posted their accounts on Thursday (26 February), saw their revenue increase from £616m to £691m. 

Why Liverpool's wage bill has increased dramatically

Another key talking point within Liverpool’s accounts is their significant increase in wages, which saw them record the highest total in the Premier League. 

The Reds’ wage bill rose by £42m from £386m in 2023-24 to £428m due to the bonuses owed to players and staff after being crowned champions. 

Elsewhere, Man City’s wage bill dropped slightly from £413m to £408m, with Arsenal’s jumping from £328m to £347m. 

Liverpool manager Arne Slot
Liverpool's wage bill increased significantly in their title-winning season (Credit: Imago)

In terms of another important number, Liverpool turned their £57m pre-tax loss for 2023-24 into an £8m profit as a result of their return to Champions League football and title success last season. 

That shows precisely why it's critical Slot’s side secure a place in the Champions League this season following their inconsistent form. 

The 20-time English champions currently sit sixth in the Premier League table, but they are level on points with fifth-place Chelsea heading into their game against West Ham on Saturday (28 February). 

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