Liverpool’s wage bill increased by £42m to £428m in the year ending 31st May 2025 after lifting the Premier League last season, as revealed by The Times.
Record revenues rose by £89M to £703M thanks to Champions League football whilst the club’s wages-to-revenue ratio stood at a healthy 61%.
However, this was the biggest wage bill in the division, ahead of Manchester City on £408m, as the side built a squad worthy of winning the Premier League without worrying about the immense cost.
The club’s debt is £286M, of which £69M is owed to banks, whilst commercial revenue increased by £15M to £323M and match day revenue by £14M to £116M.
Chief financial officer Jenny Beacham said: “We make no secret of our desire to run and operate a financially sustainable club, to grow revenue streams, and to do all we can off the pitch to help bring more success on it.
“The 2024-25 season is a great example of how this can work, with record revenues alongside the men’s team winning our 20th league title.
“The club does face significant cost challenges, including rises in administrative, staffing and operational costs, alongside the need for us to compete at the highest level of the game, across our men and women’s teams.”
Manager Arne Slot, who lifted the title last season, stated that failure to qualify for the Champions League would be unacceptable for Liverpool this season and the competition “does have an enormous impact on the way this club is run”.