Revealed: Liverpool stand to lose £85m after £500m+ announcement

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Published on:

02 May 2020, 4:30 am

Liverpool stand to lose around £85million from loss of matchday income if they are forced to play the entirety of next season behind closed doors, Football Insider can reveal.

The runaway Premier League leaders and global giants are facing a massive hit to their finances amid fears fans being allowed into stadiums until there is a vaccine available for Covid-19.

Like other Premier League clubs, Liverpool are being forced to reassess their budget and how it would look if there were no matchday revenues at all next season.

It has been suggested that the widespread availability of a vaccine for the virus may not be until well into next year, potentially wiping out the possibility of the 2020-21 campaign being played in front of fans.

That is the worst-case scenario facing clubs who must prepare to plug a black hole in their finances.

Liverpool recently announced a gleaming set of financial results that showed their turnover had soared to £533m for the year ending 31 May 2019 with a pre-tax profit of £42m secured.

But the prospect of a completion of this season behind closed doors, and the same next season, would put a massive dent in their rosy finances.

Liverpool's accounts show they earned £84.2m from match revenues last season, and £80.7m the previous campaign.

That demonstrates the drastic changes the Champions League holders will need to make to their budget if next season is behind closed doors.

It would almost certainly have a major effect on the club's summer transfers, with the prospect of big-name signings dramatically reduced.

In other Liverpool news, Klopp has told Michael Edwards to get done a massive deal that is now his 'number one' summer priority.

Liverpool FC