Liverpool posted a record-breaking £125million profit before tax last year – even after spending £190million on new players. Liverpool posted a record-breaking £125million profit before tax last year – even after spending £190million on new players. The previous record was set by Leicester (£92.5m before tax) the season after they won the Premier League and were in the Champions League. That will be complete for the start of the 2020/21 season, meaning the biggest financial hit will be felt in the current financial year. “Since the reporting period, which is now nearly 12 months old, we have continued reinvesting in the playing squad from those areas of growth.

Source: Irish Independent February 08, 2019 10:07 UTC