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Liverpool's financial accounts from the 2023-24 season have revealed that Jurgen Klopp and his backroom staff were given significant payouts when leaving the club.
Klopp, 57, announced in January 2024 that he'd be leaving Anfield, a decision which sent shockwaves around world football.
In total, Liverpool posted a record pre-tax loss of £57m for the 2023-24 season.
Overall revenue for the 12 months up until May 2024 went up by £20m to a record £614m.
The absence of Champions League football led to a significant drop in media revenue for the Reds, down £38m compared to the previous season, 2022-23.
They agreed partnerships with UPS, Google Pixel, Peloton and Orion Innovation during the 2023-24 season while existing partners Kodansha and Carlsberg extended their deals.
Liverpool's previous biggest pre-tax loss was £49.4m, announced in 2012?
But there appears to be no danger of breaching Premier League Profit and Sustainability Rules and the Reds' chief finance officer, Jenny Beacham, says that their outlook remains positive.
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"Operating a financially sustainable club continues to be our priority and, with the continued increase in costs, it's essential to grow income streams year on year to maintain financial stability," Beacham commented.
"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.