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

Hello and welcome to your latest offering on the Blood Red channel a special podcast for you this morning as

Liverpool reveal their latest financial accounts for the period ending the 31st of May 2021.

If you are slightly overwhelmed by the sheer numbers being thrown about this morning,

I certainly was when I first saw them.

I've got the Echos Business of Football writer Dave Powell alongside me to go through the main headlines and hopefully explain to you very clearly what they all mean.

We should probably say first and foremost Dave that this is the period in which Liverpool won the Premier League title but it also means therefore that there were no fans in for a large portion of this, the majority of this.

We kind of knew that that was going to be the case when we had the accounts this time last year but obviously the impact this

time is completely different to what it was last time and that's going to have an impact

on what these numbers look like. Yeah I mean the I think there the, for the season that we're looking at now, the only game that fans are allowed in for was in any number at all, really, was the 10,000 that came in for the Crystal Palace game at the very end.

So effectively, you've seen match to revenue shrink 95%,

which was always to be expected.

That's what happens if you have no fans and stadiums,

but it's down from 70 millions of three but that has kind of

been offset by the media rights that have returned back to clubs because obviously

with a purl,

the pausing of the 2019-20 season,

broadcasters were due rebates, etc.

And then clubs didn't get the money

that they were expecting from, I think it was nine games that

will be accounted in the 2019, 20 accounts when they lost 46 million.

But that's been now returned to them so that you know it's

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