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Tuesday, January 22, 2019

Liverpool set to be the first club in the history of football to achieve this incredible feat

According to reports, Liverpool are set to become the first club in the history of football to break €100m-profit barrier thanks to their incredible run in the Champions League and Philippe Coutinho’s sale.

The Reds have enjoyed success on the pitch this season and currently sit top of the Premier League, four points clear of title rivals Manchester City.

Their current success on the pitch looks set to be matched by figures off of it, with a record-breaking profit forecast by those clued up on the financial side of the game.

According to Inside World Football, the run to last season’s Champions League final, paired with the sale of Philippe Coutinho to Barcelona for a reported £145m, will help boost the club’s profits in their accounts for the 2017-18 season, which will be submitted to Company House in early March.

The Merseyside outfit earned a reported €81.3m (£71.7m) from their run to Kiev last year, and having not participated in the competition the year previous, that will represent huge growth. Leicester City currently hold the Premier League record for pre-tax profits thanks to their season in Europe’s top competition.

They posted a record-breaking figure of £92.5m for the 2016-17 season after reaching the quarter-final.

However, UEFA appear to already let slip that the figure will be beaten by the current Premier League leaders. In their Club Licensing Benchmarking Report for the financial year 2017, UEFA focused on the Foxes’ record profit, but mentioned in the same sentence that Liverpool are set to break it in the coming year.

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