Admin costs .
Not even David Brent could explain that one.
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have announced a pre-tax profit of £7.5m for the 2021-22 season as the Premier League club's overall revenue rose by £107m to £594m.
During the 2021-22 campaign the Reds played in all 63 club games possible as they won the FA Cup and Carabao Cup.
They have recorded a profit for the first time since 2018-19, despite a £69m increase in administrative costs.
However, matchday revenue rose by £83m to £86m, as supporters returned following the coronavirus pandemic
“We have to change, from doubters to believers—now.”
Admin costs .
Not even David Brent could explain that one.
Will agents fees be included in that?
The cost of football continued to rise throughout this period with administrative expenses increasing by £69m to £545m, which is due to the increase in salary costs and matchday overhead costs. In the past five years, annual operating costs for Anfield have increased by nearly 40%.
Ok better wording here.
Financing debt probably falls in here as well
Exactly, even if it was a low rate they still took out loans (from money provided by FSG) for the stadium upgrades.
Just a stealth way of taking money out of the club.
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