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    Liverpool announce pre-tax loss of £46m

    Chronicle EditorBy Chronicle EditorApril 27, 2021No Comments2 Mins Read
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    Liverpool have placed some staff on temporary leave
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    Liverpool have made a pre-tax loss of £46m for the year ending 31 May, 2020.

    Having made a pre-tax profit of £42m for the previous year, it represents a swing of £88m for the Reds.

    The figures cover the start of the coronavirus pandemic, which caused the Premier League to be halted between March and June 2020.

    When the campaign did resume, it did so behind closed doors as Liverpool went on to win the top-flight title for the first time since 1990.

    • Newcastle score late goal to hold Liverpool

    The club said the results showed the “initial impact of the pandemic” and that “matchday revenue was down by £13m to £71m as a result of four fewer Premier League home games during this period”.

    Media revenue was down by £59m to £202m and, while commercial income rose by £29m to £217m, overall revenue reduced by £43m to £490m.

    The results have been published nine days after it was announced that Liverpool, along with five top-flight rivals, had signed up to join the European Super League – although all six clubs then withdrew.

    In October 2020, Manchester United announced a net £23.2m loss, while Manchester City reported a loss of £126m for the 2019-20 season in April 2021.

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    Police nab church member over kidnap of two Catholic Priests in Adamawa

    Police bust human trafficking syndicate, rescue 40 Ghanaians in Ondo 

    July 5, 2025
    Adeleke denies defection rumours

    Adeleke not defecting to APC, Osun PDP declares

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    Tiwa Savage marks 12 years of debut album ‘Once Upon a Time’

    July 5, 2025
    Nine-man PSG stun Bayern to reach Club World Cup semis

    Nine-man PSG stun Bayern to reach Club World Cup semis

    July 5, 2025
    NLC threatens to shut down Abuja after July 3 over unpaid wages

    NLC vows protest if NASS attempts to decentralise minimum wage

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