Friday, October 4

Worrying! Liverpool announces losses of over $ 60 million

By: Writing

The Liverpool is experiencing a bad economic time. This Tuesday he announced that he has suffered the loss of some 60. 4 million dollars between May of 2019 and the same month of 2020.

The club has made official its financial results days after communicating its entry and exit from the European Football Super League , a project that a priori aspired to be lucrative for their interests, but which led to the rejection of the fans.

# LFC has today filed its consolidated financial accounts for the year to May 31, 2020.

– Liverpool FC (@LFC) April 27, 2021

These losses have been caused by the decrease in income per game due to the irruption of the coronavirus pandemic as well as in the reduction of television revenues , indicated the EFE agency.

To alleviate the effects of covid – 19 , the owners of the club, Fenway Sports Group , last month they sold a 10% of their stake, valued at more than 650 million dollars, to the investment firm RedBird Capital.

Income as resulting from winning the Premier League were not accounted for until June of last year, so they have not been included in these results.