Liverpool Football Club announce year-end financial results

Last updated : 04 March 2014 By Adam Bryant

Revenue has steadily increased year on year since FSG took over in October 2010 and external debt has decreased overall by nearly £200million.

"These results demonstrate that the financial health of the club continues to make good progress as we continue our journey to transform the club on and off the pitch," said managing director Ian Ayre said.

"Over the past four or five years, revenue has been consistently increasing from around £170million in 2009 to over £200million today, and external debt has decreased significantly to less than £50million.

"With a hugely supportive ownership group, we have taken a measured approach to bring back financial stability to this great club by ensuring it is properly structured on and off the pitch.

"During the period, we signed six new players including Daniel Sturridge, Philippe Coutinho and Joe Allen, and we extended seven players' contracts which included Daniel Agger, Martin Skrtel, Martin Kelly, Lucas Leiva and Raheem Sterling - adding depth and strength to the squad while continuing to develop young talent. In addition, nine players were transferred out and eight players were loaned out."