Liverpool has released its financial accounts for the 2023-24 season, detailing commercial revenue, wage expenses, and the substantial severance package for Jurgen Klopp and his coaching staff.
Klopp stepped down as Liverpool’s manager at the end of the season, citing exhaustion after a demanding campaign. Despite winning the Carabao Cup and reaching the quarter-finals of both the FA Cup and Europa League, the team finished third in the Premier League. However, missing out on Champions League football had significant financial consequences.
The club’s absence from the Champions League resulted in a £38 million decline in media revenue, contributing to a pre-tax loss of £57 million for the season. According to Liverpool’s official statement, the drop was mainly due to their participation in the Europa League instead of the Champions League, though this was partially offset by an increase in Premier League media revenue thanks to improved on-field performances.
Matchday revenue rose by £22 million to £102 million, while commercial revenue increased by £36 million to £308 million. Administrative costs also grew by £38 million to £600 million, largely due to higher salaries and operational expenses, which supported the club’s commercial growth and increased matchdays.
Liverpool paid £9.6 million in severance to Klopp and his staff, as reported by The Athletic. Additionally, the club’s wage bill rose by £13 million to £386 million, partly due to Champions League bonuses from the previous season. The payroll was also impacted by new signings, including Alexis Mac Allister, Ryan Gravenberch, Wataru Endo, and Dominik Szoboszlai, while several key players—such as Jordan Henderson, Roberto Firmino, Naby Keita, Fabinho, Alex Oxlade-Chamberlain, and James Milner—departed in the summer of 2023.
Liverpool extended 11 player contracts, including those of Kostas Tsimikas, Conor Bradley, and Ben Doak. Meanwhile, the women’s team signed seven new players, including Natasha Flint, Jenna Clark, and Mia Enderby, while renewing five contracts, including Niamh Fahey and Yana Daniels.
Overall, Liverpool’s total revenue increased by £20 million to £614 million, though the club still reported a pre-tax loss of £57 million.