Liverpool have posted an overall loss of £57m from last season’s accounts.

The Reds’ commercial revenue rose by £36m to £308m but a huge drop off in media revenue because of the lack of Champions League football has helped turn their accounts into a deficit for the season.

Media revenue fell by £38m to £204m with the club in the Europa League and reaching the quarter-finals of the competition.

Some of that was offset by finishing third in the Premier League, an improvement on the previous campaign.

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“The success of our commercial operations, together with the opening of the new Anfield Road Stand, has increased our revenues during this reporting period which demonstrates our desire to continue to compete at the highest levels of football in the men’s and women’s game.

“The global appeal of this football club continues to be phenomenal and is the underlying strength and opportunity we have for continued growth.

Matchday revenue rose by £22m to £102m thanks to the extended Anfield Road Stand.

While commercial revenue is up £36m to £308m thanks to deals with the likes of UPS, Google Pixel, Peloton and Orion Innovation, with Kodansha and Carlsberg extending their existing partnerships.

Admin costs have rose by £38m to £600m while overall revenue rose to £614m, a £20m increase on 2022-23.

While 11 contracts were extended and there was also investment in the women’s team squad.

Liverpool will hope the fact they are included in this season’s Champions League will mean that the deficit should be substantially less next season, although that will depend on a number of factors including investment in players.

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