Accounting practices make a full assessment of what underpins year end reports difficult. On paper we made a post tax profit of £39m on £364m turnover to 31/5/17. That might be on a reduced turnover due to FSM cuts of revenues, and reduced profit for the same reason, or it might be inflated to take advantage of tax rule changes and book profit to offset against accrued losses before HMRC rules changed.@RedForever2014
Has Klopp given any indication - even a twitchy eyebrow or pursed lips in a press conference - that if there were money available he would spend it? That’s he would like more money to spend in the market?
At some point you have to have courage of your convictions and actually blame the manager for the deficiencies you identify in the squad. Because as far as I can see, he is absoluteky the main driver of those.
It’s an incredible double standard that you say Klopp’s real opinion on his squad can’t be proven either way. And yet you keep throwing around this ridiculous assertion that FSG are funding the Red Sox with Liverpool income. The books - for both Liverpool and the Red Sox - are available for you to go and prove that.
As a related side point, how much money do you think it costs to run a club like Liverpool FC? A lot of fans look at the turnover and have an expectation that our transfer spend should be approaching that sum, without considering the wage bill, the staff costs, maintaining the clubs infrastructure, transport, utilities, debt repayments, consultancy fees, etc etc etc.
The figures to 31/5/18 will be out in March I believe.
Clearly wages are the biggest P&L item, and other running costs substantial. The only real measure one can use to compare clubs is net transfer spend as a % of turnover. Personally I think it should be higher than 10%.
Look my frustration is that we are in a great position and I do believe that at our best we could beat any side in Europe. I believe the title and CL could both be won this season from our position.
I believe that would be a huge step for us, domestic champions again and at the same time achieving the status of CL winners with all its worldwide benefits. It also would make any top player looking to leave us think twice.
It would put us back firmly as a top club that wins things, not the great entertainers and glorious nearly men.
But I think we're riding our luck and relying on good fortune with injuries.
I think we could cement our prospects. We went for Fekir and are told Shaqiri or Alisson weren't bought instead.
Our forward squad isn't good enough and one quality addition could really change that. The Fekir signing basically.
That's my view.