Transfer Centre

Liverpool 'to strengthen squad in summer' after recording profit

By Daniel Lewis, Senior Reporter | 01 March 2018

Reds 'to strengthen' after recording profit

A report claims that Jurgen Klopp will be backed to spend big in the summer transfer window after Liverpool recorded a £39m profit in the last financial year.

Liverpool manager Jurgen Klopp will reportedly have a healthy transfer kitty to work with in the summer after the club recorded a £39m profit in their latest accounts.

The Reds have turned a £21m loss in 2016 into a substantial profit a year on, largely thanks to the first year of the latest Premier League broadcasting deal and the redevelopment of the new Main Stand at Anfield.

Matchday revenue for home games increased from £12m to £74m due to increased hospitality sales in the first season of the new stand being open, although the figures do not take into account the £80m spent on Mohamed Salah, Alex Oxlade-Chamberlain and Andrew Robertson, nor the club-record signing of Virgil van Dijk.

Those deals have been offset by the departure of Philippe Coutinho for a nine-figure sum in January, however, and The Guardian reports that Klopp will now be backed with large funds ahead of 2018-19.

Liverpool have already been linked with a number of players ahead of the summer window, including the likes of Mario Lemina of Southampton and Leicester City midfielder Wilfred Ndidi.