Liverpool have announced a record pre-tax profit of £125 million for the year up to May 31, 2018.
The Reds released their financial results via their official website on Friday, with profit up £85 million from the previous year.
According to the Press Association (h/t MailOnline), Liverpool's profit exceeds the record previously held by Leicester City for the 2016-17 season—in which they played UEFA Champions League football on the back of winning the Premier League title—which stood at £92.5 million before tax.
Liverpool weren't involved in any European competition in the 2016-17 campaign, but in the 2017-18 season, they not only played in the Champions League but also reached the final.