Liverpool’s revenue growing fast to overtake Man Utd to become the richest club 2022

Liverpool might establish a new record of £602 million after Manchester United ultimately surpassed them.

Off The Pitch, analysts anticipated the financial condition for clubs throughout the 2021/22 accounting period in a report.

According to a fresh estimate, Liverpool could announce a record turnover when it publishes its audited books early next year.

Analysts at a well-known football business website Off The Pitch examined the finances of Premier League clubs and forecasted for the fiscal year 2021/22, which ended in May and June for clubs.

According to the ‘Financial Forecast 2022,’ Liverpool will eventually overtake Manchester United in terms of revenue, with a record turnover of £602m and an anticipated pre-tax profit of £76m.

The report predicts commercial revenues will rise by around £23.6m to £241.2m for the 2021/22 period, with matchday revenues seeing the expected bump from £3.6m to £89.7m as fans returned in their numbers at the start of last season after a campaign played behind closed doors in 2020/21

Liverpool announced that their turnover had fallen by £3m to £487m when they published their 2020/21 financials earlier this year, with the fall in matchday revenues offset considerably by a rise in media rights, although there was little scope for growth as football wrestled with the damaging financial impact of the pandemic.

With transfer spending once again conservative due to being offset significantly by player sales, player amortization is likely to remain broadly the same.

It is the success on the pitch in reaching the Champions League final, winning domestic cup competitions, and a strong Premier League campaign that is expected to be a driving force behind the predicted rise in revenues, with the Champions League, in particular, likely to have around £100m in revenues to the Reds last season when all aspects are considered.

A number of new deals were struck in the last financial year, including with the likes of SC Johnson, while the rise in commercial revenues may be attributed to a predicted increase in the impact of the Nike kit deal, where the £30m annual fee is added to with 20 percent on the sale of Liverpool/Nike merchandise globally.

While Liverpool is forecast to surpass Manchester United’s prediction of £581m, placing the Reds £21m ahead, the report claims that they will likely fall behind the financial leader Manchester City, with the Premier League champions expected to see revenues in the region of £610m, a figure £8m higher than the Reds with City’s commercial revenues forecast to reach £296.1m. The club’s pre-tax profit isn’t expected to be as high as Liverpool’s, though, with the report anticipating a figure of around £16m, although that would be the club’s highest since 2015/16.