NEWS in brief

Liverpool post healthy profit despite transfer spending

28 February, 2020 12:00 AM printer

Premier League leaders Liverpool made a pre-tax profit of £42 million ($54 million) last year despite a record £223 million investment on players, figures showed on Thursday, reports AFP.

While that top line is well below the record £125 million profit for the year ending May 2018, the rewards are being felt on the pitch, with the club just four victories away from winning their first league title in 30 years.

They also include the increased costs of new contracts for 11 players, including those for captain Jordan Henderson, Mohamed Salah and Sadio Mane, who have all played a key role in helping Jurgen Klopp’s champions-elect establish a 22-point lead at the top of the table.


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