Football: Liverpool post healthy profit despite transfer spending

Liverpool have announced healthy financial results as they close in on the Premier League title. LONDON: Premier League leaders Liverpool made a pre-tax profit of £42 million last year despite a record £223 million investment on players, figures showed on Thursday .

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.Income was also boosted by the club's success in winning a sixth Champions League title, although as victory in the final in Madrid came in June the prize money will be counted in the current financial year.

Turnover increased during the period by £78 million to £533 million. Media revenues and commercial revenues were significantly higher and match revenue was also up. "What we're seeing is sustained growth across all areas of the club which is aligned to the recent performance on the pitch," said Hughes.

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