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LFC Accounts 2014/15


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Published today.

 

http://www.liverpoolfc.com/news/announcements/209531-lfc-announces-financial-results-for-the-year-to-may-31-2015

 

Liverpool FC today announced that growth and financial progress continues to be made as it filed its annual accounts for the year to May 31, 2015.

 

All three main revenue streams have continued to grow and the club has reported a profit for the second consecutive year, although this is mainly as a result of the sale of Luis Suarez in July 2014.

 

Since Fenway Sports Group (FSG) took ownership of Liverpool FC in October 2010, revenue has steadily increased year on year and the club continues to operate in a sustainable manner despite the cost of football continuing to rise. During this reporting period, FSG continued to invest in the club by converting £69m of debt into equity and investing £49m into the initial stadium expansion costs.

 

Ian Ayre, chief executive officer at Liverpool FC, said: "We continue to make solid financial progress and reported growth in our commercial, media and matchday revenues, which continues to add strength to our financial position.

 

"Last year we saw a small profit for the first time in seven years, which demonstrated our recent progress. This year the profit reported has significantly increased, which is mainly a result of the sale of Luis Suarez in July 2014 and that has already been reinvested into the playing squad. Our real financial position is closer to break even and it is the underlying revenue growth that’s important and provides us with the long-term stability."

 

The club’s commercial revenue increased by 12 per cent to £116.3m following the announcement of 12 new partnerships and renewals, as well as opening 180 new retail outlets around the world including one standalone store in Malaysia.

 

Media revenue also continued to grow from £100.9m to £122.6m due to participation in the 2014-15 Champions League and progressing to the semi-final stages of both domestic cup competitions. Likewise matchday revenue increased by 15.9 per cent to £59m as a result of additional ticketing and hospitality revenue from the additional fixtures.

 

The club also continued to expand its fan engagement reach, launching four new digital and social media platforms including dedicated accounts in Finland, Italy and South Korea, which continues to demonstrate the club’s ever-increasing global appeal.

 

On the pitch, LFC’s playing squad included the signings of Adam Lallana, Emre Can, Dejan Lovren, Divock Origi and Alberto Moreno while renewing several key contracts with Jordan Henderson, Philippe Coutinho, Kolo Toure and Jordon Ibe. Young player development is also an important part of the club’s football strategy and during the reporting period, 18 Academy players were offered professional contracts.

 

Ayre added: "These results are almost a year old now but all areas of the club have continued making good progress and growth.

 

"The cost of football is rising with the increase in player transfer fees and wages but our ambition remains the same and we have continued to invest in strengthening the playing squad since the reporting period.

 

"The new Main Stand at Anfield is another significant investment by this ownership which is vital to the health of the club and part of our long-term strategy to ensure we remain competitive and sustainable."

 

Financial summary

 

• Revenue increased by 16.5 per cent to £297.9m.

 

• Media revenue increased by 21.5 per cent to £122.6m.

 

• Commercial revenue increased by 12 per cent to £116.3m.

 

• Matchday revenue increased by 15.9 per cent to £59m.

 

• Profit before tax was £60m compared to £0.9m in 2014.

 

• FSG converted £69m of debt into equity and invested £49m for stadium expansion costs.

 

• Liverpool FC maintain ninth position in Deloitte Money League.

 

 

 

Let the whining begin.

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All good news that. Also hearing klopp will be handed the biggest summer transfer kitty of any previous manager under FSG. Bring it on.

 

Profit, new stand, klopp and a massive transfer budget - what more do you want from the owners?

 

I can't wait for next few seasons!

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With the club posting £297.9m in total revenue, looks like I got last year's forecast right. I said back then that I anticipate we will fall just shy of £300m in the next set of accounts.

 

http://www.liverpoolway.co.uk/index.php?/topic/107619-lfc-accounts-201314/?p=4091756

 

Pretty much what I expected. I said last year that I expected both media and commercial revenues to be around the £100m mark with matchdays accounting for around £50m. Even though the club improved the contracts of a number of players, I also expected that the wages to turnover ratio to be reasonably well controlled. I think we might just fall shy of the £300m turnover figure for the next set of accounts (which will cover this season), but it's the ones after that which will show the huge increase from the next Premier League TV deal which starts in 2016.

 

 

That last line still rings true. I think we will see total revenue push £340m for 2015/16 but the 2016/17 figures will include a hike in TV revenue, new sponsorship deals for training kits, possibly a naming rights deal for the Main Stand plus the first additional gains to be made from the new Main Stand. In 2016/17 I expect the club will hit £400m in total revenue.

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Good set of figures which shows continued growth in all areas and the owners continued committment to the club.

 

The usual naysayers will trot out their usual guff. The owners are getting it right off the field and just need to step up their game on the field.

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Nightcat is just blunderbussing abuse to all corners as he ruminates on how to respond to the news that Klopp will be provided with a monster war chest. It's great stuff.

Monster war chest? You believe this lie, every February, don't you? I'll remind you at the end of the window.

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Good news. If Klopp is backed - and signs are that he will be; and if he does well in the market - and his track record is a lot more hit than miss; then things are looking up for us.

 

However...

 

Everyone else will have more money too, so our rate of improvement needs to outstrip rivals to make the sort of progress we hope for. I'm glad we have the right man at the helm for the challenge.

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Everyone else will have more money too, so our rate of improvement needs to outstrip rivals to make the sort of progress we hope for. I'm glad we have the right man at the helm for the challenge.

 

This is absolutely true, and I don't think it's really sunk in to a lot of people.  We're going to have to run just to stand still, and we certainly don't want to stand still finishing 5th to 8th in the near future.

 

United are going to give Mourinho a billion or so to spend to fix their problems.  Chelsea are going to do the same with Conte, and those are both good managers.  Their problems cannot possibly last forever.

 

City are City, they will be in the top 4 and will spend heavily.  Arsenal are rumoured to be planning to give Wenger over 100m this summer, and they're already a much better side than us.  Spurs might win the league, and if they do that and keep Pochettino, they're going to be shopping for a lot of the same players as us.  

 

The point is that even with Klopp, who is possibly the best manager in the league, we will need to spend big and spend wisely just to keep pace.  We have to beat 2 of those 5 just to get top four, to say nothing of winning the league.  Finances are only a part of that equation, but they are a part of it.

 

On a side note, the inflation on player fees is going to accelerate to a huge degree this summer.  Average players will go for 20m, and good-but-not-great players are going to be sold for 25-30m.  It's going to be obscene.

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I dont agree its really hard to get back ti the top end. It will always be hard being top 4 every year as 7 into 4 doesn't work and imo evety team will have years of missing out soon. But 2 changes to our team and we'd be in the title hunt

swap the dopey twat we habe in goal for any of the top clubs others keepers or Ter Stegen and had we had Sturridge 75/80% of the season he missed. That easy 15 points difference which would have us 4pts off the top with a game in hand

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On a side note, the inflation on player fees is going to accelerate to a huge degree this summer. Average players will go for 20m, and good-but-not-great players are going to be sold for 25-30m.

At last; an area where we have a head-start on the competition.

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This is absolutely true, and I don't think it's really sunk in to a lot of people. We're going to have to run just to stand still, and we certainly don't want to stand still finishing 5th to 8th in the near future.

 

United are going to give Mourinho a billion or so to spend to fix their problems. Chelsea are going to do the same with Conte, and those are both good managers. Their problems cannot possibly last forever.

 

City are City, they will be in the top 4 and will spend heavily. Arsenal are rumoured to be planning to give Wenger over 100m this summer, and they're already a much better side than us. Spurs might win the league, and if they do that and keep Pochettino, they're going to be shopping for a lot of the same players as us.

 

The point is that even with Klopp, who is possibly the best manager in the league, we will need to spend big and spend wisely just to keep pace. We have to beat 2 of those 5 just to get top four, to say nothing of winning the league. Finances are only a part of that equation, but they are a part of it.

 

On a side note, the inflation on player fees is going to accelerate to a huge degree this summer. Average players will go for 20m, and good-but-not-great players are going to be sold for 25-30m. It's going to be obscene.

I don't think klopp is anywhere near possibly the best manager in the league.

Great managers are flexible and adapt tactics to suit opposition.

 

Klopp appears to be just as stubborn as all the rest we've had with his formation bring rolled out every week despite clearly failing for 4 months.

 

He needs to improve massively

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