Sources: Liverpool stand to lose £100m after £500m+ announcement
Liverpool stand to lose up to £100million if the season is voided, Football Insider has learned.
The club recently announced their turnover had soared to £533million for the year ending 31 May 2019 with a pre-tax profit of £42m secured.
But the prospect of a completion of the season with no more matches played would put a massive hit in even Liverpool’s rosy finances as well as potentially deprive them of their first league title in 30 years.
Premier League clubs are facing a bill of around £750million if the season ended now.
The worst affected would be the teams at the top of the table, as they would miss out on bigger chunks of broadcasting revenue.
Premier League teams receive £1.25million in facility fees for every live TV appearance, and most of Liverpool’s remaining matches were due to be screened.
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In addition, they would miss out on matchday revenues from the four remaining matches scheduled at Anfield as well as merchandising and commercial losses.
The Premier League has currently only suspended the season until 30 April.
But, as revealed by Football Insider last week, that date is set to be extended by at least another month amid little prospect of a return before June.
The latest government update is that the UK lockdown could continue for another three months.
Premier League clubs are assessing various options to complete the season, including continuing well into the summer, playing matches behind closed doors and at neutral venues.
In other Liverpool news, Klopp has told Michael Edwards to get done a massive deal that is now his ‘number one’ summer priority.