This is the Blood Red Podcast from the Liverpool Echo, giving you the inside track on all the big talking points from Anfield.

So Liverpool has today released their accounts for the financial year ending May 2019 one day before

Champions League glory in Madrid last season headline figures are turnover has increased

massively by 78 million up to a total of 553 million which has broken the half a billion mark for the first time

in the club's history.

That was up from 455 million turnover for the set of accounts before, so a big hike.

And overall it's resulted in a pre-tax profit of 42 million pounds for the Reds.

Now that is down a fair bit from the set of accounts the season before, but that figure then was an eye-watering

125 million reported for the year up to May 2018 but a lot of that was

due to the sale of Philip Catineo to Barcelona so these figures resulting in a

42 million pound pre-tax profit are very very impressive and we'll dig into them a

little bit more now. So all three revenue streams that bring the club money have

risen significantly. Starting with media revenue which has increased by 41 million to

261 million all told. Commercial revenue that's shot up as well by

34 million to 188 million and match revenue that's gone up by 3.5 million to

84 million so rises across the board and

when you look back at the factors on and off the pitch for for these huge rises

obviously the Reds finished second in the Premier League to Man City last season.

That entire thing is factored in.

The Champions League run, as we said before, these accounts finish one day before Madrid.

So obviously the Reds went on to win it, but most of the run will be included

in these figures. And it's thought overall if you win the European Cup, you bank around 65 million. So

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