Online Reporter
LIVERPOOL have the biggest wage bill in the Premier League.
The Premier League Champions smashed through £428MILLION as Arne Slot’s title kings also posted record revenues of more than £700m.
The Anfield champions released their financial results up to May 31, 2025, revealing eye-watering numbers across the board.
The Reds’ wage bill hit a league-high £428m-a £42m jump on the previous year, helped by bumper bonuses after winning the 2024-25 Premier League title.
But the Merseysiders also raked in record revenues of £703m, up £89m, breaking the £700m barrier for the first time in their history.
Despite the huge spending power, Liverpool still posted a pre-tax profit of £15.2m (£8m after tax).
That’s a massive turnaround from the £57m pre-tax loss the year before, when they were in the Europa League. Running the club now costs a staggering £657m per year. Chief financial officer Jenny Beacham admitted there are “significant cost challenges” as the club fights to stay at the top with both the men’s and women’s teams.
Liverpool’s players are heavily incentivised with success-based contracts — and that paid off after title glory.
Their £428m wage bill tops rivals including Manchester City (£408m), Arsenal (£338m) and Manchester United (£313m).
Overall staff costs have more than doubled since 2016-17, when they stood at £208m.
A return to the UEFA Champions League helped boost media revenue by £60m to £264m.
Matchday income jumped £14m to £116m thanks to the first full season of the expanded Anfield Road Stand. And megastar concerts from Taylor Swift and P!nk at Anfield sent commercial revenue up £15m to £323m. Owners Fenway Sports Group continue to operate a self-sustaining model — a strategy that has delivered two Premier League titles and Champions League glory in recent years.
Liverpool’s total debt stands at £286m, with £69m owed to banks. Beacham said: “We make no secret of our desire to run and operate a financially sustainable club, to grow revenue streams and to do all we can off the pitch to help bring more success on it.
“The 2024-25 season is a great example of how this can work with record revenues alongside the men’s team winning our 20th league title.
“The club does face significant cost challenges, including rises in administrative, staffing and operational costs, alongside the need for us to compete at the highest level.”
Since the reporting period, Liverpool have splashed around £450m on new signings, although they clawed back more than £200m in player sales during the same window.
Meanwhile, there is a blow ahead of Saturday’s clash with West Ham. Record £116m signing Florian Wirtz will miss the game with a back injury after pulling out of the win at Nottingham Forest. The midfielder has not fully trained since. Boss Arne Slot admitted he is unsure when Wirtz will be fit.
There is better news on Jeremie Frimpong, who has returned to training after a groin problem suffered against Qarabag in the Champions League on January 28. — Sun
