Exclusive: Liverpool chief secures whopping 6-figure pay rise
Liverpool have handed a whopping £435,000 pay rise to their top-earning director, Football Insider can reveal.
The club recently announced in their latest set of annual financial results a pre-tax profit of £42m after revenue had soared to £533million for the year ending 31 May 2019.
Analysis of the accounts shows that it is not just the Liverpool players and coaching staff who benefited from their success on and off the pitch.
The top-earning director saw his annual salary rocket from £1.33m for the previous year to £1.77m for the 2018-19 campaign.
The accounts do not name which of the seven members of the board of directors pocketed the massive pay rise.
But it is likely to be chief executive Peter Moore, who is in day-to-day operational control of the club.
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The club’s directors collectively earned £2.9m from Liverpool for the year ending 31 May 2019.
However, American trio John W Henry, Tom Werner and Mike Gordon all draw their salaries from Fenway Sports Group, the company that owns Liverpool.
During the period report, Liverpool paid wages of £310,000 to their staff and directors, a healthy wage-to-turnover ratio of 58 per cent.
It came in a season that ended with the club lifting their sixth European Cup as well as finishing second in the Premier League with a remarkable tally of 97 points.
In other Liverpool news, it can be REVEALED that five senior players at the club are set for the exit in mass overhaul and star defender may follow.