A football finance expert has revealed that only a suitable model could save Liverpool a £152 million loss.
Liverpool FC owner was ridiculed by some fans in the summer as the club attempted not to bring new faces to the club. You recall that Liverpool didn’t sign new players in the summer. The Reds arch-rivals, Manchester City, Manchester United, and Chelsea as well as Arsenal brought new faces to their folds.
Liverpool only signed Ibrahima Konate but sold club legend, Xherdan Shaqiri, Harry Wilson, and Marki Grujic. The Reds also extended contracts of key players for a long time.
A UK based football finance analyst, SwissRamble explained the whooping sum of money Liverpool rivals spent are not necessary.
Liverpool had a whooping sum at excess of £152 million loss during pandemic. These sum came from TV Broadcasting, Matchday revenue, also commercial income losses.
In SwissRamble assertion, he maintained that only a suitable model could save Liverpool and recover from excess amount of £152 million. The finance expert suggested the club had made more money in the last 10 years of Fenway Sports Group ownership.