Liverpool to invest in summer window after recording £39m profit

The 'Reds' revealed their financial report from the fiscal year of 2017 (which ran from May 2016 to May 2017), in which their revenue increased from £302m to £364m, an improvement of £62m. The club also turned a profit, a large improvement on 2016, when they recorded a loss of £21m.  

One of the main reasons for this upturn is the increased match day revenue gained from the expansion of Anfield's main stand. The expansion, which increased the stadium's capacity by over 8000, has also opened up more opportunities to sell hospitality packages, leading match day revenue to increase by £12m in comparison to 2016.

Another factor was the new bumper Premier League television deal, which increased the club's media revenue by £30m. Furthermore, the Merseyside club increased their commercial revenue by £20m through a series of new sponsorship deals. 

Not included in the calculations were 2017 summer signings such as Alex Oxlade-Chamberlain, Mo Salah or Andy Robertson, nor were the January transfers of Virgil Van Dijk or Philippe Coutinho. However, the signings of Sadio Mane, Loris Karius, Gini Wijnaldum, Ragnar Klavan and Joel Matip (total £91m) all figure within the balance. 

The club's owners, Fenway Sports Group, will be very happy with the news, as it signals an improvement in the running of the club both on and off the field. With Champions League football looking likely to be secured for the second season in a row, and plans to expand the Anfield Road stand of the club's stadium, the club is moving in a very positive direction.

However, Liverpool's CEO Andy Hughes is not content to sit on his laurels, and suggested that the club would look to invest further in strengthening their squad in summer, given their financial stability. "Performance on the pitch and the reinvestment in our squad is always a priority," he stated. "Following the club's record signing last month we will look to invest again in the summer."