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Blood Red: The Liverpool FC Podcast

The Bottom Line: Liverpool announce financial results | £3bn takeover bid for club reported

Blood Red: The Liverpool FC Podcast

Reach Podcasts

News, Soccer, Sports, Sports News

4.4979 Ratings

🗓️ 27 April 2021

⏱️ 20 minutes

🧾️ Download transcript

Summary

Liverpool have this morning announced their financial results, with overall revenue down £43m as the impact of the coronavirus pandemic begins to become clear. So for the latest edition of The Bottom Line podcast, Matt Addison is joined by the Liverpool's ECHO's business of football writer, Dave Powell, to pick apart the numbers and details, and explain what it all means for FSG and LFC moving forward. They also discuss a reported takeover bid for the club from the Middle East, which came about before the fall-out surrounding the European Super League, and whether John W Henry and Co have any intentions of moving on from Anfield any time soon.Watch and subscribe to our Blood Red videos on YouTube: https://www.youtube.com/c/BloodRedLiverpoolFCSign up for our Liverpool FC newsletters: https://data.reachplc.com/210734476470860Join our Blood Red podcast group on Facebook: https://www.facebook.com/groups/1656599847979758/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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

0:08.0

Hello and welcome to the latest bottom line podcast from the Blood Red channel with

0:13.4

myself Matt Addison and our business of football writer Dave Powell.

0:17.1

Liverpool have this morning announced their financial accounts with the impact of

0:20.8

the pandemic becoming clear. We're here with all of the analysis of the pandemic becoming clear.

0:22.8

We're here with all of the analysis of what we know so far and what might still be to come.

0:28.0

The figures released up to May 2020, so this season is not covered covered the pandemic only accounts for three months in these

0:35.8

and there will have been another 12 months or so to factor in with COVID in the next

0:40.4

accounts which will come out this time next year.

0:43.2

Let's start Dave by sort of picking apart the headline figures that the club

0:47.3

have announced.

0:48.3

Let's go into a little bit of detail really on each of the three main strands of the accounts and sort of the

0:54.6

bottom line if you like to take the title of this podcast for what all of that

0:58.8

means. So yeah it's unsurprisingly this has been a year of heavy losses for the

1:06.5

Liverpool in terms of seeing their revenues decrease as we've seen across the

1:09.7

board from clubs having no fans in, having to pay a rebate back to the broadcasters

1:16.4

for what happened during Project Restart, all these things are taking their toll. As you said at the top of the program, all we've got so far is this takes into account

1:28.0

a very short period of kind of a COVID-affected finances.

1:32.0

I mean, it won't be till next year where we see the true

1:34.7

extent, but what it does show is this media revenue is down 59 million to

1:39.3

2002 million. Match day revenue, a 13 million hit down to 71 million.

1:45.6

And commercial revenue was somewhere where they did see an uptick of 29 million

...

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