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The Reds released their latest figures on Friday and posted a loss of £57m, with the absence of Champions League football contributing to the totals.

Klopp left Liverpool after a transformational nine-year reign in charge, with the club winning the Carabao Cup and returning to the Champions League in his final season.

Liverpool also won the Premier League, the Champions League and the FA Cup during the German’s reign.

Liverpool are on course to win the Premier League this season under Arne Slot, while progress in the Champions League should also boost their accounts.

Liverpool did record growth in commercial revenue and matchday income, thanks to the opening of the new Anfield Road stand, but there was a £38m drop in media revenue due to the absence of Champions League football.

While staff costs, which include player wages and bonuses, increased by £13m to £386m - partly due to Champions League qualification and winning the Carabao Cup.