Liverpool posted a world record-breaking £106 million ($137 million) net profit last year even after spending £190 million on new players, according to financial results announced on Friday. Turnover increased by £90 million to £455 million in the 12 months to May 31 last year, with media revenue, commercial revenue, and matchday revenue all up. Club record of £190m invested in squad driven from record annual revenues... https://t.co/I3HJRqRUAs — Liverpool FC (@LFC) February 8, 2019The previous record was set by Leicester (£80 million after tax) in 2016/2017, the season after they won the Premier League when they reached the Champions League quarter-finals. Jurgen Klopp's side are level on points with Manchester City at the top of the Premier League as they chase their first English top-flight title for 29 years. Overall, the club's social media platforms had a 14 percent growth rate and in May 2018, they had the highest viewing figures on YouTube ever for a Premier League club and third of any sports club globally.

Source: dna February 08, 2019 17:03 UTC