25 November 2024 - 3:58 PM
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IMAGO | Virgil Van Dijk applauds the away fans after Liverpools victory against Southampton.
Financial Forecast 2023/24: Liverpool face record losses amid huge comeback efforts
- Under new manager Arne Slot, Liverpool have returned to the top of both the Premier League and Champions League, signalling a powerful comeback from last season’s setbacks.
- Off The Pitch’s financial forecast for 2023/24 shows that Liverpool’s operating loss is projected to nearly triple, reaching a record-breaking figure, threatening to eclipse the worst financial result in the club’s history.
- Why it matters: As one of England’s biggest clubs, Liverpool’s financial health directly impacts their competitiveness in European football and could influence the club’s strategic decisions for years to come.
- The perspective: Despite their financial challenges, Liverpool’s hidden player value offers a potential solution to alleviate financial strain, though capitalising on these assets could risk jeopardising their on-pitch success.
Liverpool have experienced their share of highs and lows recently, both on and off the pitch.
Last season, the club found themselves in the Europa League, a consequence of a disappointing 2022/23 campaign that saw them finish fifth, missing out on Champions League football for 2023/24. Such a setback comes with a financial cost, especially when expenses are geared towards competing on Europe’s grandest stage.
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