Liverpool's full financial report reveals mounting wage bill
6 March 2020
The club's wage bill rose by 18 per cent due to player investments and contract extensions, Liverpool's just-published full financial report for last year reveals.
Last week Liverpool disclosed that their turnover, driven primarily by increased commercial and broadcasting revenue, had risen across the board.
With an operating profit of approximately £600,000, the club just about broke even on their day-to-day operations.
Liverpool's wage bill rose significantly last season following a series of contract extensions and the signings of Alisson, Naby Keïta and Fabinho, the club's just-published full financial report for last year reveals.
The Merseyside club already disclosed a series of key financial figures last week, placing an emphasis on their commercial income, which grew by £34 million to £188 million - growth significantly greater than that of any of the club's "Bix Six" rivals.
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