Football finance expert shares more key findings from Liverpool financial accounts

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Liverpool formally published their annual accounts for the year ending 31 May 2025 at the end of February, confirming a record revenue figure of £703m in their 20th title‑winning season Image Credits: Imago Images Liverpool formally published their annual accounts for the year ending 31 May 2025 at the end of February, confirming a record revenue figure of £703m in their 20th title‑winning season The club announced an £8m profit after tax, driven by surging media income, higher matchday takings and continued commercial growth, even as overall costs – particularly wages and staffing – continued to climb. He notes that revenue of £703m represents a 14% year‑on‑year rise, while the wage bill has jumped to around £418m, with staff numbers growing to more than 1,000 as Liverpool continue to scale their off‑pitch operation.

The club’s wages‑to‑revenue ratio sits close to 60%, still within a broadly sustainable band. Metric (2024/25) Figure Revenue £703m (↑14%) Profit after tax £8m Wage bill ~£418m Player sale profits £53m Net transfer spend £229m Borrowings £351m (mainly to owners) Maguire also highlights healthy player‑trading figures, with player sale profits of £53m helping to support a net transfer spend of roughly £229m over the period.

FSG submit Liverpool accounts to Companies House. More details than the press release a week ago, so 🔑figs ⚽️Revenue £703m ⬆️14% ⚽️Wages £418m ⬆️ 8% ⚽️Staff numbers 1,083 ⬆️ 72 ⚽️Wages/Revenue 60% ⬇️3% ⚽️Highest paid director £2.31m ⬆️7% ⚽️Underlying loss £33m ⬇️50% ⚽️Insurance… pic.twitter.com/Hc30bgkGcT — Kieran Maguire (@KieranMaguire) March 5, 2026 READ MORE: Yan Diomande to Liverpool: “Talks have already taken place” Want to get the latest Liverpool news direct to your phone?