Liverpool announced that they made a pre-tax profit of $54 million in 2018-19.

They also announced a turnover of $686 million due to increased media, matchday, and commercial revenue.

Liverpool invested $287 million in players during the time, most notably on Alisson, Fabinho, Naby Keïta and Xherdan Shaqiri.

The club's media revenue increased $52 million to $336 million.

“This continued strengthening of the underlying financial sustainability of the club is enabling us to make significant investments both in player recruitment and infrastructure," said Andy Hughes, Liverpool's CEO. "Being able to reinvest over £220m on players during this financial period is a result of a successful business strategy, particularly the significant uplift in commercial revenues.

“The cost of football, however, does continue to rise in transfers and associated fees but what’s critical for us is the consistency of our financial position, enabling us to live within our means and continue to run a sustainable football club.”