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But there were plenty of positive trends among the numbers.

The Reds posted a £57million loss as a result of a season of being away from the top table of European football, but they did see record revenue of £614million, as well as record numbers for commercial revenue (£308million) and £102million in matchday revenue, and having returned to the Champions League this season, the picture for the 2024/25 full-year accounts will tell a different story.

But the rise in matchday revenue, a jump of £22million (27.5%) is significant, with the increase directly linked to the completion of the Anfield Road redevelopment, an £80million project by the club that saw the capacity jump from 54,000 to a little over 61,000.



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That move, and the subsequent additional matchday revenue that it has delivered, has seen the club break the £100million barrier in matchday revenue for the first time, joining an elite Premier League club that includes just three other members; Manchester United, Arsenal and Tottenham Hotspur.

For Liverpool owners Fenway Sports Group it was a financial investment made to try and eke more value out of the stadium, something that will become more of a growing trend among the biggest clubs.

For more than a decade the broadcast revenues of the Premier League were on a steep incline, with each cycle worth more than the last.

Stadiums are another strand of that, with teams wanting to maximise the bricks and mortar that they own so as to create new revenue streams and tackle the looming challenges before they become giant headaches.

Liverpool’s redevelopment of Anfield in recent years, which included a completely revamped Main Stand, have allowed the club to raise matchday revenues by satisfying demand, but also through greater premium hospitality, as well as ensuring the status of the stadium as a world class venue, which has been impactful in terms of getting top acts to perform there during the summer, as evidenced by the sell-out three-night run from Taylor Swift last summer.

Live non-football events, of which the Reds can host up to six per summer, contribute more than £10million to the club’s revenue streams each year with a full slate of dates.

In getting over the £100million mark now, Liverpool and FSG have put themselves in a stronger financial position.

We have invested several hundred million pounds into the facility, we have created a new main stand, an Anfield Road stand that is coming online, all inside the venue to bring people to the games earlier and to enhance the experience that they have there.

“It is obviously a lot more difficult when you are managing the design and construction when you are 4,000 miles away, so we opened a commercial office in Liverpool and in London to manage the process.

“I think it has been received well.

We are still small in the Premier League in terms of the size of the venue and there is still a lot of frustrated demand for tickets and access, but we think that's OK given how special the venue is.”

In Boston, where FSG own the Boston Red Sox MLB team, heavy investment has been made into the surrounding areas around Fenway Park, the team’s iconic home, with plans for the future including hotels, hospitality and entertainment venues.

A $150million live music venue, MGM Music Hall, was opened in August 2022.

In Liverpool the opportunity for something similar isn't really there given the residential surrounding.
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