Liverpool reveal £594million revenues after major statement from John W. Henry

Liverpool Football Club has announced record profits of £594 million for the 2021/22 season.

This comes after a successful season where the club came close to winning the quadruple, falling just short in the Premier League and Champions League.

Results for the year ending on 31 May 2022 break the pre-pandemic record set by the club's record of £533m. Liverpool have revealed their total revenue reached £594m.

The club's report lists the below key points:

• Covers the first full season post-pandemic
• Media revenue fell by £5m to £261m
• Matchday revenue rose by £83m to £86m
• Commercial revenue rose by £29m to £247m
• Administrative costs rose by £69m to £545m
• Overall revenue rose by £107m to £594m
• Profit before tax was £7.5m

Speaking about the financial success, Liverpool's managing director Andy Hughes said: “Some of the numbers in these latest accounts look slightly skewed as a result of the previous reporting period being impacted by the global pandemic. However, the underlying strength of our financial position remains strong and we continue to operate a sustainable club which is our main objective from a financial perspective.

“It was really great having supporters back at Anfield and returning to some sort of normality after a really challenging period for everyone.

“For our men’s team to play the maximum 63 games in this reported season is an incredible achievement and winning more trophies is exactly what we continue to strive for. Our women’s team also had success - gaining promotion to the WSL was a great achievement and exactly where we need them to be competing.

“The cost of running a football club does continue to rise. But we maintain our position of growing this club with significant investment with new and existing players signing contracts and the construction of the new Anfield Road Stand which we look forward to coming on stream in the summer. In the last five years we have invested over £250m in infrastructure and created world-class facilities for our players, staff and supporters.

“What’s important now is to finish this season as strong as possible, both on and off the pitch, while we continue to manage costs and explore opportunities for growth in our commercial operations so we can continue to reinvest revenues in players and infrastructure.”

The profits were largely driven by increased revenue from matchday revenue, commercial revenue, sales and sponsorships. The club particularly profited in Europe and the Premier League, reaching the final and finishing in second place.

Despite rumours of a potential sale of the club, principal Liverpool owner Henry recently said the club is no longer for sale. It was originally opened up to bidders, but that opportunity has ended.

Speaking to the Boston Sports Journal, principal owner John W. Henry confirmed that FSG will not own Liverpool forever but insisted that talks are still ongoing with investors.

“I know there has been a lot of conversation and quotes about LFC, but I keep to the facts: we merely formalised an ongoing process.

“Will we be in England forever? No. Are we selling LFC? No. Are talking with investors about LFC? Yes.

“Will something happen there? I believe so, but it won’t be a sale. Have we sold anything in the past 20-plus years?"

This statement from Henry was met with outrage online as many fans across the world think Liverpool have outgrown their American owners after a consistent lack of investment in key areas of the team.

Henry concluded with this statement: "Liverpool FC is not for sale. We are committed to this great club and its fans for the long term."