Back to the Premier League Newsfeed

Liverpool announce pre-tax losses of £46m as coronavirus impact becomes clear at Anfield

The Reds have seen their revenue streams hit significantly by the pandemic, with officials anticipating further losses in the coming months

Liverpool have announced pre-tax losses of £46 million ($64m) as the financial impact of the coronavirus pandemic becomes clear at Anfield.

The Reds’ latest accounts, released on Tuesday, show significant reductions in key revenue streams, with matchday and media income particularly affected. The accounts cover the year up to May 31, 2020, of which only the final three months were affected by Covid-19.

Club officials anticipate that the true cost of the pandemic will surpass £100m ($139m), with supporters still to return to stadiums and Jurgen Klopp’s side struggling to secure Champions League qualification for next season.