Finance expert Kieran Maguire anticipates that Liverpool’s financial report for the 2022/23 season, set to be announced soon, will unveil a record-breaking club revenue exceeding £600 million.
Maguire exclusively shared with Football Insider that Liverpool aim to close the revenue gap to rivals Manchester United and Manchester City, underlining the club’s strategic financial goals.
The impending publication of Liverpool’s financial report follows the November releases of the latest accounts by United and City, providing insights into the financial landscape of top-tier football clubs.
Liverpool disclosed a record-breaking turnover of £594 million in their 2021/22 accounts, a result of their remarkable journey to the Champions League final that season.
Despite this achievement, they find themselves trailing behind both Manchester clubs. Manchester City reported a revenue of £712 million, and Manchester United closely followed with £648 million in the 2022/23 financial year.
Expressing confidence in Liverpool’s financial trajectory, Maguire has backed the expectation that the club is poised to surpass a new milestone, reaching £600 million in revenue in their upcoming financial accounts, reflecting yet another prosperous season.
“I expect Liverpool to break through the £600million revenue barrier for the first time,” Maguire told Football Insider’s Sean Fisher.
“It was a good season for them.
“They didn’t match the success of their previous Champions League campaign but still reached the knockout phases.
“Matchday income will also be slightly increased.
“Commercial income is heading in a positive direction but it won’t have been as successful as 2022 in all probability because that was the year they reached the Champions League final.
“But I still think that £600million is an achievable benchmark to aim for.
“It was £594million in 2022 and I believe there was a slight increase in ticket prices in 2023 as well.
“Continuing to grow revenue is important in order to be competitive with the two Manchester clubs, who they see as both local and national rivals.“
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