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Liverpool Accounts

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Liverpool Accounts Empty Liverpool Accounts

Post by misslfc Thu May 03, 2012 2:14 pm

http://www.liverpoolecho.co.uk/liverpool-fc/liverpool-fc-news/2012/05/03/exclusive-liverpool-fc-accounts-show-50m-loss-including-35m-on-hicks-gillett-new-anfield-100252-30892345/

£49.4m loss before tax
£8.4m million paid to Hodgson, his staff and Purslow
£35m (of £49.6m) written off for the stadium

Quoting from echo piece's summary:

Liverpool’s losses rose in the year in question - from £19.9m previously to £49.4m.

Debt interest charges as a result of the FSG takeover have reduced from £18m to £3m annually

£131m was spent in the period on new players including Luis Suarez, Andy Carroll, Jordan Henderson, Stewart Downing, and Charlie Adam.

The net spend on players was £41m - as opposed to just under £17m the year previously.

Wage costs went up by £10m during the year - reflecting an ageing squad and an issue since addressed, say the club, when ten players left Anfield during the summer (including Emiliano Insua, Christian Poulsen, Paul Konchesky, Philip Degen and Milan Jovanovic).

A 25 per cent growth in commercial revenues - up from £62.1m to £77.4m

Total club revenue in 2011 fell by just under a million pounds to £183.6m - reflecting the loss of Champions League football this season.

Media revenues dropped from £79.6m to £65.3m - again reflecting the loss of Champions League football from TV sources

Matchday revenues dropped £2m to £40.9m - again an impact of no Champions league games


Hodgson pay out Shocked
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Post by Barnes 10 Thu May 03, 2012 6:41 pm

Finances in football are unreal, totally different world
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Post by Dallas Thu May 03, 2012 7:02 pm

Were we not in a position to be making money if out interest was non existent from h&g.

Also what is that 35m for stadium money gone?
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Post by misslfc Thu May 03, 2012 8:33 pm

On the pic over the fire in Hick's front room What a Face
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