Accounts

[Red Banjo]

9 minutes ago, an tha said:

The drop in telly money is very telling - shows the weight of the european cup. Literally nobody is on the telly more than us generally - but that top table money is a real difference maker.....

 

Well next season  is gonna be a hedge fund managers wet dream then.

 

Back in the CL. Finish top of the group stage with 7 wins, getting us in the region of £90m. A potential domestic league triumph. Another trip to Wembley. It's nothing but income for them.

 

Then factor in cutting our best 3 players from the playing staff.

 

It's financial utopia.

 

Cunts.

[an tha]

I do wonder how much of a loss the women's team makes - i suppose it is relatively small but it can't generate much revenue at all.

[Einch]

I would like to know how much of the salary costs is an allocation from FSG at a group level. There’s no way the LFC salary costs are nearly £400M

[Red Banjo]

Just now, an tha said:

I do wonder how much of a loss the women's team makes - i suppose it is relatively small but it can't generate much revenue at all.

 

It will be included just to ensure the "we are skint" message resonates to everyone.

[an tha]

2 minutes ago, Red Banjo said:

 

It will be included just to ensure the "we are skint" message resonates to everyone.

Deffo include it as new deals for players are mentioned in the blurb club has put out which i posted on last page.

 

On the pitch, the men’s team added four new players during this period – Alexis Mac Allister, Dominik Szoboszlai, Wataru Endo and Ryan Gravenberch – and 11 contracts were extended, including Kostas Tsimikas, Conor Bradley and Ben Doak. For the women’s team, seven new players signed – Natasha Flint, Jenna Clark, Mia Enderby, Teagan Micah, Grace Fisk, Marie Höbinger and Sophie Roman Haug – and five contracts were extended, including Niamh Fahey, Yana Daniels and Ceri Holland.

[Bob]

I could not give a single shit.

[DJLJ]

1 minute ago, Einch said:

I would like to know how much of the salary costs is an allocation from FSG at a group level. There’s no way the LFC salary costs are nearly £400M

Without knowing the specifics for Liverpool, I thought it to be quite telling that Man Utd could fire 400 people and not one of the playing staff needed to go. Seems there is a lot of people employed by clubs in different functions.  
 

one additional thing, which won’t be mentioned much, but how do we end up paying for Klopp and his staff deciding to leave? Surely if someone decide to leave by themselves, we don’t pay for that?

[deiseach]

If you have a Champions League wage bill and you don't make the Champions League, you're gonna lose money. Football's business model is that of the madhouse. 

[Bobby Hundreds]

If we with our model are making losses then football is completely fucked. Theres one giant problem. Players get paid way too fucking much and it's not sustainable. State run clubs and oligarchs pushing higher wages and everyone else has to do the same to  compete. Football will eat itself and fans can only be fleeced for so long.

[Kevin D]

Over 250k members is an astonishing number.

[TD_LFC]

25 minutes ago, DJLJ said:

Without knowing the specifics for Liverpool, I thought it to be quite telling that Man Utd could fire 400 people and not one of the playing staff needed to go. Seems there is a lot of people employed by clubs in different functions.  

 

Some of the staff made redundant are staying on a short term basis because the club have realised there's nobody else who can do their job so it sounds like they've taken the Elon Musk approach to 'saving'.

[AHA]

“We will continue to operate in accordance with football’s financial rules and regulations" I am choosing to believe this is aimed at a certain other club and not just the corporate crap that appears in financial statements.

[Megadrive Man]

41 minutes ago, an tha said:

The drop in telly money is very telling - shows the weight of the european cup. Literally nobody is on the telly more than us generally - but that top table money is a real difference maker.....

 

Very much. If we'd been in the Champions League last season we'd have likely made a profit.

 

The positive thing is that in a years time things should look very different.

 

We made a net profit on transfers and the return to the more lucrative Champions League, plus getting Thiago off the books and Slot and his staff earning less than Klopp and his staff should mean we are making a very good overall profit.  

[Geoff Woade]

In fairness if that includes the purchase of the 4 midfielders and classed as a cost all within one year then that’s not bad at all. Ok a total loss of 57 million but what are those 4 worth not compared to the 150 million spent. 

[aws]

5 minutes ago, Geoff Woade said:

In fairness if that includes the purchase of the 4 midfielders and classed as a cost all within one year then that’s not bad at all. Ok a total loss of 57 million but what are those 4 worth not compared to the 150 million spent. 

It won’t be because the purchase cost will be spread over the length of their contracts.

 

I think the only rational explanation  is that our players are paid well above the headline weekly payments we see quoted in the media.  My guess is that they get massive personal incentives on top of any incentives linked to team success.  

[Pidge]

From a PSR perspective they will be,  but expenditure is expenditure and it will surely depend on the payment structures, won't it? It's been years since I've had to look at financials though so I'm probably talking shite. Generally I thought the impact of depreciating assets is reported alongside the base stats as a supplementary figure to give a better sense of the profitability and strength of a company.

 

Anyway, we still broadly average out on our net spend at around -£50m, don't we? Which is what FSG seem to think is the standard to aim for. The extra costs of building the stand is probably the things that drags the loss margin a bit further than they'd want.

[El Dangerous]

Who wants to own this loss making prestigious institution, £5bn and we’re all yours. Football is mad.

[Megadrive Man]

4 hours ago, DJLJ said:

one additional thing, which won’t be mentioned much, but how do we end up paying for Klopp and his staff deciding to leave? Surely if someone decide to leave by themselves, we don’t pay for that?

 

It was the remainder of their contracts. 

 

We probably didn't have to do it but it was a parting gift for all their hard work over the years. Personally I think they fully deserve it. 

[lifetime fan]

4 minutes ago, Megadrive Man said:

 

It was the remainder of their contracts. 

 

We probably didn't have to do it but it was a parting gift for all their hard work over the years. Personally I think they fully deserve it. 

Klopp’s back room staff yes, they’re out of a job through none of their choosing. 
 

Klopp a lot less so. 

[Mook]

4 minutes ago, Megadrive Man said:

 

It was the remainder of their contracts. 

 

We probably didn't have to do it but it was a parting gift for all their hard work over the years. Personally I think they fully deserve it. 

 

Not for me that. Klopp was an unbelievable manager but he was paid handsomely in his time at the club & decided to hand in his notice. The money should have stopped the day he left.

 

If the club fancy dishing out gifts, how about cheap/free tickets for local kids rather than throw money at a multi millionaire.

[No2]

1 minute ago, lifetime fan said:

Klopp’s back room staff yes, they’re out of a job through none of their choosing. 
 

Klopp a lot less so. 

The figure looks too small to include Klopp. 9m looks about right to pay off the rest of them.

[Megadrive Man]

Yeah Klopp was on 12 million a year so I doubt he got much if any. 

[SasaS]

Would Anfield expansion costs be included in the accounts?

[Strontium]

Surely nobody believes this shit. It's pure Hollywood accounting. Like when Return of the Jedi earned half a billion on a $30m budget yet still made a loss. That's literally the industry Werner comes from.

[VladimirIlyich]

7 hours ago, AHA said:

Just in time for the next transfer window. I still can’t get my head around how a club in our position loses money. 

Clubs in London occupying the most expensive real estate in the country don't lose half as much as the most successful British team in Europe do. Obviously there is an element of financial skullduggery with those clubs but LFC really should have cheaper general running costs,I'd have thought?