Big loss at Liverpool
Liverpool recorded a loss of £19.8m in the year to May 2016. Investment in players was the main reason for the loss, along with the cost of compensating Brendan Rodgers and his staff. Costs for the Main Stand extension also contributed to the loss.
The club's revenue increased by £3.9m to a record £301.8m. Match day revenue was up £3.4m to £62m. Commercial revenue was down £700,000 to £115.7m. This was partly because of a lack of non-matchday access to the Main Stand.
Since the financial year has ended there has been an increase in income because of new commercial deals and the enhanced hospitality capacity in the Main Stand. The club is also confident that the new chief executive Peter Moore will use his marketing expertise to boost commercial income.