Liverpool announce record pre-tax losses for Klopp's final season
The figure reflects a transitional period for the Anfield club at Jürgen Klopp stepped down at the end of a campaign where they were out of the Champions League.
Advertisement
Despite making the decision to leave, the German and his backroom staff received a combined £9.6m pay-offs to pave the way for Arne Slot as his eventual successor.
The Reds did post increases in their overall revenue, which rose by £20m to £614m, but announced that media income dropped by £38m.
'The global appeal of this football club continues to be phenomenal and is the underlying strength and opportunity we have for continued growth," said the club's chief financial officer Jenny Beacham.
"We also take our social responsibilities seriously, using our global appeal to increase our community impact and sustainability efforts, in which we are leading the way across the football industry.
Advertisement
'We will continue to operate in accordance with football's financial rules and regulations while maintaining investment opportunities in our operations, infrastructure and players.
"Our focus right now is to finish this season as strong as possible, both on and off the pitch, to fulfil our collective ambitions for success.'
Liverpool are currently on course to clinch a 20th Premier League title after opening up a 13-point cushion over Arsenal in the title race with 10 games remaining.
📸 Carl Recine - 2025 Getty Images
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
4 minutes ago
- Yahoo
Up 68% but still yielding 7.1%, I've been loading up on Aberdeen shares
After hitting an all-time low back in April, Aberdeen (LSE: ABDN) shares have been on a tear. The mammoth dividend yield of 11.6% may have gone, but there aren't many large, well-known stocks out there that continue to offer market-beating returns. Improving numbers The asset manager is due to report H1 results next week. Should the positive momentum seen in Q1 continue, then we could be on the cusp of a major recovery in its share price. Last quarter, its direct-to-consumer offering, interactive investor (ii) continued its strong growth momentum. Total customer numbers were up to 450,000. This included 88,000 high-value SIPP accounts. ii has been very successful in tapping into a growing trend – the increasing importance of private investors to markets. With the spread of online investment forums, YouTube, and the like, individual investors have more power to move markets than at any time in history. Last quarter, during the tariff-induced selloff, ii saw record levels of engagement with an average of 24,000 trades per day on the platform. In the first half of April, it saw four of its highest trading days ever, as private investors swooped to buy stocks on the cheap. Fund outflows For all the success of ii, the reality is that a sustained recovery in Aberdeen's share price will only occur if it can get a grip on falling assets under management. Over the last few years, its Adviser business has simply haemorrhaged funds. The business is working hard to regain the trust of independent financial advisers, who recommend funds for their clients to buy. In Q1, Adviser saw outflows of £600m. This was its 'best' performance over the past six quarters. A couple of years back, outflows were in the billions. By 2026, it's aiming for greater than 70% of its total funds to beat a benchmark index. I certainly expect it to achieve that with its bond funds, which regularly hit over 90%. But I'm less confident that equity-only funds will achieve that milestone. It's not just Aberdeen equity funds that struggle to beat a benchmark; this is an industry-wide problem. Over the last few years, unless a fund manager was invested in the Magnificent 7 stocks, it had zero chance of beating the S&P 500, the most tracked index. Structural trends If it can get its Adviser business back to profitability, then the opportunity is massive. Despite recent blunders, like the ill-fated 'abrdn' fiasco, I still view the asset manager as one of the most respected in the industry. The UK wealth industry is growing. Over the next 25 years, over £5.5trn of wealth will be passed on by the baby boomers. In the more immediate future, over the next three years, the number of people retiring annually is estimated to be about 750,000. Now more than ever people are beginning to wake up to the fact that the State Pension will no longer fund the kind of retirement they want. With deep expertise in long-term financial planning, Aberdeen looks well placed to provide innovative retirement solutions. Over the last few months, I have been loading up on the stock at every available opportunity. I think my future self will thank me. The post Up 68% but still yielding 7.1%, I've been loading up on Aberdeen shares appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool Andrew Mackie owns shares in Aberdeen. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025
Yahoo
4 minutes ago
- Yahoo
Adama Traoré targeted by Nottingham Forest
Adama Traoré targeted by Nottingham Forest Adama Traoré could be reunited with Nuno Espírito Santo. The powerful 29-year-old winger, currently at Fulham, has caught the eye of Nottingham Forest. The Portuguese manager knows Traoré's explosive style inside out, having previously coached him at Wolverhampton. Together, they shone on the European stage. Now, a new partnership seems possible. According to several English sources, Forest are expected to submit an official offer in the coming days. While the player's value is estimated at €9 million, Fulham are reportedly holding out for closer to €15 million. Last season, the Spaniard scored 2 goals and provided 7 assists in 36 appearances—solid stats that highlight his impact on the pitch, despite inconsistent playing time. If he leaves, Fulham could turn to Reiss Nelson, who has struggled for minutes at Arsenal and is reportedly keen to revive his career elsewhere.
Yahoo
4 minutes ago
- Yahoo
How Liverpool can afford to sign Alexander Isak this summer
Liverpool have been very active in the ongoing summer transfer window. The Reds broke their club transfer record when they brought in Florian Wirtz from Bayer Leverkusen in a deal worth £116.5 million. Jeremie Frimpong, Armin Pecsi, Milos Kerkez, Giorgi Mamardashvili and most recently Hugo Ektike have also arrived at Anfield, taking their spending to £269m so far. Given their big outlay this summer, it appears Liverpool will not be able to sign Newcastle United's Alexander Isak. The Merseyside titans communicated their interest in Isak, but with Newcastle adamant the player was not for sale, they did not submit a formal bid. The latest is Isak is actively pushing to leave Newcastle, but there are doubts whether Liverpool's finances allow them to spend a huge fee for the Sweden international. However, the Reds' supporters will be absolutely delighted to hear that their club can afford to spend another £200m and still be compliant with the PSR rules. This is according to the Daily Mail (July 26, Page 104) who estimated their total income this year at £385m. Liverpool have been frugal in the previous three transfer windows. Unlike the other big clubs, they signed only one player (Federico Chiesa) for £10m last summer. Winning the Premier League last season means Arne Slot's side banked £174.9m in prize money and around £83.8m for their run to the last 16 of the Champions League. Furthermore, their kit deal with Adidas, starting on August 1, is reportedly worth more than £60m per year. Liverpool have already raised £66m with the sales of Trent Alexander-Arnold, Jarrel Quansah, Nat Phillips and Caoimhin Kelleher. They could further boost their spending power if they manage to sell Darwin Nunez and Luis Diaz. It becomes clear Liverpool can afford to sign Isak, but it remains to be seen whether they can tempt Newcastle into selling their best player this summer.
