It is not just off the pitch where Liverpool are looking healthy.
They are also looking good from a financial point of view, as well. The Deloitte Money league list that was recently released still puts them at seventh place, but it sees their total revenue increase by the significant sum of £77.9m. There are a number of reasons for this, including their victory in the Champions League last time out, as well as hosting concerts at Anfield – their commercial growth is up £34.6m.
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Most interestingly, though, they have closed the gap to the big Manchester clubs. They are now under £100m off United, and are just £5.2m behind Manchester City. That is a big difference from last year, where they were around £50m away from the Citizens and well over £100m behind the Red Devils.
United have led the way in England ever since the Money League was started in the 1996/97 season and, although they have dropped off in terms of their quality on the pitch in recent seasons – they haven’t won a league title since 2013, their longest drought since they lifted the trophy for the first time in 26 years in 1993 – they have been generally unrivalled at the top of the English financial rankings.
This latest list shows there could potentially be a shift in power for the long-term in English football. United’s commercial power has long been the reason why they continue to arguably be regarded as this country’s biggest club, but this shows that that could not be the case in a few years.
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This is also another win for FSG. Just 10 years ago, the Merseyside outfit were in danger of falling in to administration, and now are number seven on the whole planet in terms of their revenue. The work that John Henry and Co have done to put Liverpool back where they belong has been nothing short of miraculous, and with a net transfer spend of just £109.12m over the last five years – well behind City’s £601.78m and United’s £437.61m – they have not spent beyond their means either to achieve such success. As Klopp continues to be applauded on the pitch, those in the boardroom deserve similar adulation.
In other news, even Liverpool fans don’t agree with Neil Warnock’s praise for Jurgen Klopp.