Liverpool's accounts for the year to May 31 2020 show a pre-tax loss of £46 million. Total revenues were down by £43 million to £490 million — an eight per cent fall on the previous 12 months. #awlfc [ @JamesPearceLFC]
However, given that this figure covers only the opening three months of the crisis, the true cost of COVID-19 is much greater. Anfield officials insist that figure currently stands at around £120m in lost revenues and it’s expected to climb further. #awlfc [ @JamesPearceLFC]
Liverpool’s external debt rocketed from £50 million to £198 million as they reacted to the uncertainty of the pandemic by utilising their loan facilities. However, The Athletic understands that a significant chunk of this has since been repaid. #awlfc [ @JamesPearceLFC]
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