The reason for Liverpool's multi-million-dollar losses

Liverpool have released their financial results for last season , where they ended up in the red despite recording record revenues.

The English bank reported revenues of 775 million dollars, but its expenditures were higher and losses were estimated at more than 70 million dollars.

One of the expenses that most affected their economy was the increase in salaries after the signing of players such as Alexis Mac Allister, Dominik Szoboszlai, Wataru Endo and Ryan Gravenberc h, which suffered an exponential increase from 17 million to 490 million greenbacks.

Another large outlay was generated by the departure of the German Jürgen Klopp and his coaching staff, to whom they had to pay more than ten million dollars.

Anfield 's management hope to turn things around in the current cycle where they lead the Premier League with a 13-point advantage, while in the UEFA Champions League they are in the round of 16 and on March 16 they will play the final of the League Cup against Newcastle .