Liverpool are threatening to overtake Manchester United's financial power.

That's according to football finance expert Kieran Maguire.

The Reds have had to play second fiddle to arch rivals Manchester United in a financial sense in recent years, with their record turnover of £455m for the 2017/18 season still falling £135m short of their neighbours.

But Maguire told the Blood Red podcast, “I think they can certainly narrow it," said Maguire, speaking on a special Blood Red podcast .

“If you look at the most recent results, for 2018, Liverpool were £135m behind Manchester United , and that's a pretty big gap to narrow, but the success that Liverpool have had this season will probably have knocked off about £40-50m off that, there will have been bonuses paid by Standard Chartered and Western Union, who are the senior partners in terms of shirt sponsorship, so that will have kicked in as well.

“But I think the areas which Liverpool very much had to address the gap between themselves and United were first of all matchday income, and by getting to the Champions League final, it means Liverpool played more matches than Manchester United at home, so therefore they would have been picking up gate receipts with increased frequency, and they would have been able to charge premium prices, especially the knockout rounds, to hospitality partners, so that would have benefitted.

“But Liverpool had already managed to reduce the gap as a result of expanding of the main stand, and they could narrow that further if they decide to go to a 60,000-capacity stadium.

“United are a global brand and a global club and Liverpool are very much there with them these days as a result of the achievements under Jurgen Klopp and, of course, the history and heritage that came before that."