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Anfield's capacity is now 61, 276 after the redevelopment of the Anfield Road Stand Liverpool made an annual pre-tax loss of £57m up to 31 May 2024 - £48m more than they lost in the previous 12 months. However, the Premier League's club overall revenue rose by £20m to £614m in 2023-24, and its commercial income increased by £36m to £308m. It is the first time Liverpool have reported commercial revenue of more than £300m in their annual financial accounts and mainly due to growth in partnerships and retail. The 2023-24 period covered Jurgen Klopp's last season as manager, in which the Reds won the Carabao Cup, finished third in the Premier League and reached the quarter-finals of the FA Cup and Europa League. Liverpool added four new players to their senior men's squad, spending about £165m on transfer fees to sign Alexis Mac Allister, Dominik Szoboszlai, Wataru Endo and Ryan Gravenberch. That was the first season the club had not played in the Champions League since 2016-17, resulting in media revenue dropping by £38m to £204m. That loss was partially offset by increased Premier League media revenue as a result of the Anfield outfit's stronger on-field performance in 2023-24 compared to 2022-23, when they finished fifth in the table and failed to win a major trophy. Liverpool report £9m loss for last season Man Utd report net loss of £113. 2m for 2023-24 The new Anfield Road Stand opened during 2023-24 and a higher number of competitive games at the stadium contributed to a £22m increase in matchday revenue to £102m. Despite the increase in revenue, administrative costs rose by £38m to £600m, which was mainly related to salaries and overhead costs. The club said that, over the past eight years, matchday costs have risen by nearly 80%, while staff costs have increased by 86% to £386m since 2018. "Operating a financially sustainable club continues to be our priority and, with the continued increase in costs, it's essential to grow income streams year on year to maintain financial stability, " said Jenny Beacham, the club's chief finance officer. Liverpool, now managed by Arne Slot and currently top of the Premier League with a 13-point lead over Arsenal, generated 1. 5bn social media fan engagements and added a record 37m followers to its social channels. According to Brand Finance's 2024 report, , external they have the strongest brand of any Premier League club. "The global appeal of this football club continues to be phenomenal and is the underlying strength and opportunity we have for continued growth, " Beacham added. Latest Liverpool news, analysis and fan views Get Liverpool news sent straight to your phone Champions Trophy: Afghanistan set Australia 274 to reach semi-finals F1 2025 testing: Gasly sets pace for Alpine on final day in Bahrain Football latest: Guardiola & Amorim news conferences plus FA Cup team news and build-up A new investigation from the producers of The Missing Cryptoqueen The dark story of a young woman's journey to expose a threatening digital intruder Gillian Anderson stars as DSI Stella Gibson The intertwined lives of a serial killer and the detective desperate to catch him Are the days of game consoles nearly over? Game consoles have come a long way since the 1970s, but could their days now be numbered? Nine times Elon Musk went viral From tweets to takeovers, here are nine times the billionaire broke the internet 'Last rites and alarm bells drown out England's good vibes' 'We are still in the fight' - just how bad does it look for Leicester? Sutton's FA Cup fifth-round predictions v comedian Josh Widdicombe 'More a procession than a race' - when could Liverpool seal title? 'Mc Cullum's problems go far beyond Buttler's future' England Under-18s to 'Small Black', via four lost stone Why injury-hit Arsenal are failing to score. Video Why injury-hit Arsenal are failing to score A cash-filled briefcase, a missing shield and the beating of Australia 'We lacked spark' - strikers who could be 'final piece of Arsenal jigsaw' 'Liverpool running away with title' - MOTD analysis. Video'Liverpool running away with title' - MOTD analysis Harsher bans needed to stop dangerous tackles - Warburton. Video Harsher bans needed to stop dangerous tackles - Warburton Keep smiling and goals will come, Maresca tells Palmer Mourinho v Turkish football - what is going on? 'The mood is buzzing' - Palace thrash Villa as Wharton shines Lions watch week three: Fly-halves, back three & captain In Pictures: Sporting photos of the week The Premier League perils awaiting Leeds as promotion edges closer The Carragher & Africa Cup of Nations row explained Sutton's predictions v singer Paige Cavell Crumbling fortresses - why are teams struggling to win at home? Copyright © 2025 BBC. The BBC is not responsible for the content of external sites. Read about our approach to external linking.