Home England Liverpool reveal losses of £54.9m

Liverpool reveal losses of £54.9m

The club suffered an operating loss before tax of £16million, compared to a £10.2million profit the previous year.

Liverpool’s parent company, Kop Holdings, saw their annual interest repayments on loans increase to £40.1million.

Rick Parry was handed a massive £4.295million pay-off when he left his position as chief executive at the club.