Cash flow analysis: Liverpool creating foundation of a sustainable business
19 March 2020
Prior to Liverpool's most successful season in more than a decade, the club splashed out with a record spend on player additions.
Player acquisitions were responsible for driving up non-cash expenses, as player amortisations increased from £77 million in 2018 to £111.8 million in 2019.
However, the club managed to avoid capital injections during the year, proving the foundation of a sustainable business model had been laid, on and off the pitch.
The 2018/19 season was the most successful season in more than a decade for Liverpool FC, finishing just one point short of rivals Manchester City in the title race domestically, and snatching the Champions League trophy. Prior to the successful sporting season, the club invested a record amount in player signings following the sale of Coutinho the year before.
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