The Owners

mattyhurst

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Am I the only one who routinely forgets there is a such thing as Nathaniel Clyne? I think by brain has mistakenly categorised him with Wizards, Genies and Unicorns.
Sadly I only remember him when I look at that physio room website with all the club injuries.
 

Billy Biskix

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This set of results was always going to be more revealing of the financial strength of the club because it was a year when there weren't many big player sales. Last year's profit was a record £125 million but it was comprised almost entirely of player sales (basically Coutinho). This year's profit of £42 million is lower but more significant given the transfer activity. It's the third year in a row where we've posted a profit and the 4th time in 5 years. We posted huge losses in the first 3 years under FSG so the turnaround is impressive.

The commercial increase is good but not stellar and we are still a long way behind United so plenty of room for growth there. The wage bill is £310 million, up 17%, but still hovering at around 58% of turnover. This won't include the bonuses for winning the CL but it will have included the bonuses for getting to the previous year's final. All perfectly manageable but for all those wanting mega-transfers I doubt we are yet at the stage where we're contemplating buying superstars with all the potential inflationary impacts right across the squad. I expect us to continue in the same careful way that has got us into this position. Looking for value in the transfer market, improving the club infrastructure, tying up more lucrative deals on the back of our ongoing success and not being afraid to cash in on a player where we feel the funds can be used to reinvigorate the squad.
 

Hope in your heart

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Yep and wages is a lot;

Lallana - £110k pw
Lovren - £100k pw
Shaqiri - £80k pw
Origi - £45k pw
Clyne - £75k pw

£410k pw - Not going to get close to the £750k pw Mbappe PSG offer :(

Looking at the site you've posted the link to: Mané is on half the wages of Salah??? That can't be true surely? o_O
 

Red_Jedi

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This set of results was always going to be more revealing of the financial strength of the club because it was a year when there weren't many big player sales. Last year's profit was a record £125 million but it was comprised almost entirely of player sales (basically Coutinho). This year's profit of £42 million is lower but more significant given the transfer activity. It's the third year in a row where we've posted a profit and the 4th time in 5 years. We posted huge losses in the first 3 years under FSG so the turnaround is impressive.

The commercial increase is good but not stellar and we are still a long way behind United so plenty of room for growth there. The wage bill is £310 million, up 17%, but still hovering at around 58% of turnover. This won't include the bonuses for winning the CL but it will have included the bonuses for getting to the previous year's final. All perfectly manageable but for all those wanting mega-transfers I doubt we are yet at the stage where we're contemplating buying superstars with all the potential inflationary impacts right across the squad. I expect us to continue in the same careful way that has got us into this position. Looking for value in the transfer market, improving the club infrastructure, tying up more lucrative deals on the back of our ongoing success and not being afraid to cash in on a player where we feel the funds can be used to reinvigorate the squad.
Its quite astounding that we made a profit for this Reporting Year. Player acquisitions (record breaking numbers) and very little in sales just shows how healthy the club is.

The following year (current year) could hit over £100m in profits again - perhaps it should do. Player acquisitions in this period - Minamino, Van den Berg and Elliot - probably more than offset by Ings? And Studge and Moreno off the wage bill too. I think also the £50m for the training facility came out of the published accounts.

Could be looking at £150 - 200m profit - which is actually not too clever considering that will all be taxable. Unless they put some of it aside for the ARE development.

Whichever way it is dressed up - the Liver Bird is sitting proud on its perch.
 

Anfield rd Dreamer

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Its quite astounding that we made a profit for this Reporting Year. Player acquisitions (record breaking numbers) and very little in sales just shows how healthy the club is.

The following year (current year) could hit over £100m in profits again - perhaps it should do. Player acquisitions in this period - Minamino, Van den Berg and Elliot - probably more than offset by Ings? And Studge and Moreno off the wage bill too. I think also the £50m for the training facility came out of the published accounts.

Could be looking at £150 - 200m profit - which is actually not too clever considering that will all be taxable. Unless they put some of it aside for the ARE development.

Whichever way it is dressed up - the Liver Bird is sitting proud on its perch.
And next year could be even better once again with the Nike Deal, PL Champions and other stuff. Plus maybe up to 100 million in player sales (that we won't miss). I've been saying for awhile that if we want even Mbappe we can afford anyone Klopp wants.
 

Hope in your heart

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What I gather from this as the main info is that our wage expenditure has now risen from £264m to £310m (third highest in the league behind the red mancs and Abu Dhabi), but at the same time, our wages to turnover ratio has stayed at a healthy 58%. That is excellent, really. In 2011, we were still at 69%!
 

iftikhar

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Yeah I'm a bit worried about the wages. But if the squad keeps winning trophies, I think it would be well worth it. But, they have to keep winning trophies.
 

Anfield rd Dreamer

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What I gather from this as the main info is that our wage expenditure has now risen from £264m to £310m (third highest in the league behind the red mancs and Abu Dhabi), but at the same time, our wages to turnover ratio has stayed at a healthy 58%. That is excellent, really. In 2011, we were still at 69%!
Theres been so much talk of how all extra revenue from being successful would have been swallowed up by increases to the players. I always argued theres no way a club ran so stringently would let that happen. The more successful we are on the pitch and in revenue the more we are able to spend. That includes both fees and wages.
 

Lowton_Red

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It's very encouraging to see that the new training facility has not required any additional borrowing, either from the banks or the parent company.

In fact, Net bank debt after deferred loan costs has decreased by £32.8 million to £12.0 Million at 31 May 2019.
And lntercompany debt has decreased by £20.6 million to £79.3 million at 31 May 2019. This loan is no longer interest bearing.

The club and its parent company refinanced their credit facilities with the bank in January of this year. We should discover the terms of this facility in next year's accounts.

It all bodes very well for the ARE development.
 
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Anfield rd Dreamer

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Been saying this (to quite strong opposition) for awhile, glad to see the accounts back my hunch up;

On a cash basis #LFC annual net spend rose to £49m in last 5 seasons, only £16m more than 2010-14 £33m. However, gross spend doubled from £61m to £124m, offset by increase in sales from £29m to £75m. However, have spent hardly anything in 2019/20, so could be a big summer ahead. https://t.co/L0sYdsez8M
 

Livvy

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Dutch

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I did not expect anything else from a blue-collar club like Liverpool.
 

Kopstar

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I think that the players may not take a paycut as such but perhaps agree to pay a % towards funding initiatives to support the fight against the pandemic. If it's with the cooperation of the club perhaps it can come directly from LFC.
 

W00die

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How good are our finances compared to others? Will our transfer budget this summer / autumn / winter (or whenever the next window is!) be affected much? Will clubs like Dortmund need to sell to survive thereby reducing potential prices of targets? What about PSG, they must have huge wages and little legal income at the moment?
 

Kopstar

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How good are our finances compared to others? Will our transfer budget this summer / autumn / winter (or whenever the next window is!) be affected much? Will clubs like Dortmund need to sell to survive thereby reducing potential prices of targets? What about PSG, they must have huge wages and little legal income at the moment?
Our finances are some of the best in the world. Some clubs are over extended (Villa, West Ham, Tottenham etc) but what the financial situation will look like for football is incredibly uncertain.
 

Iluvatar

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Our finances are some of the best in the world. Some clubs are over extended (Villa, West Ham, Tottenham etc) but what the financial situation will look like for football is incredibly uncertain.
Haven't Burnley said if the season is voided they would be £50mil in the red and could be at risk of operating?
 

Red over the water

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My guess is that we were in for a big summer in the transfer market - we have been saving up, Nike are coming on board, and were about to be crowned champions.

It’s quite possible that we now have another quiet window, while we wait to see what’s what in terms of the affects of Coronavirus.

It seems almost off limits to talk about, when compared to the life and death situation unfolding for so many, so apologies if anyone thinks transfer discussion is misplaced at this time. Personally, I’ve got cabin fever and don’t mind the distraction...