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Liverpool announce pre-tax loss of £46m over 12-month period up to May 2020

Liverpool's overall revenue reduced by £43m to £490m

Liverpool have made a pre-tax loss of £46m for the year ending 31 May, 2020.

Having made a pre-tax profit of £42m for the previous year, it represents a swing of £88m for the Reds.

When the campaign did resume, it did so behind closed doors as Liverpool went on to win the top-flight title for the first time since 1990.

The club said the results showed the “initial impact of the pandemic” and that “matchday revenue was down by £13m to £71m as a result of four fewer Premier League home games during this period”.

Media revenue was down by £59m to £202m and, while commercial income rose by £29m to £217m, overall revenue reduced by £43m to £490m.

The results have been published nine days after it was announced that Liverpool, along with five top-flight rivals, had signed up to join the European Super League – although all six clubs then withdrew.

In October 2020, Manchester United announced a net £23.2m loss, while Manchester City reported a loss of £126m for the 2019-20 season in April 2021.

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