Friday, Dec 19, 2014Friday, Dec 19, 2014

News

 

Football: Loss-making Liverpool chase Champions League boost

Published on Mar 4, 2014 7:15 PM
 
Daniel Sturridge of Liverpool evades a challenge from Southampton's Morgan Schneiderlin during their English Premier League soccer match at St Mary's Stadium, Southampton, March 1, 2014. Liverpool lost almost 50 million pounds (S$106 million) in 2012-13, accounts published on Tuesday showed, but are looking to return to the Champions League next season to boost their financial performance. -- FILE PHOTO: REUTERS

LONDON (REUTERS) - Liverpool lost almost 50 million pounds (S$106 million) in 2012-13, accounts published on Tuesday showed, but are looking to return to the Champions League next season to boost their financial performance.

The deficit was similar to losses reported for last season by Chelsea and Manchester City, two of the big spenders who have usurped Liverpool at the top of English football in recent seasons.

Owned by US businessman John W. Henry, Liverpool are in second place in the Premier League, four points behind Chelsea with 10 matches left to play. They last won the league title in 1990 before the English Premier League was established two years later.

They look well set to at least finish in the top four and claim a place in the lucrative Champions League in which they last played in 2009-10.

 
If you are not a subscriber, you can get instant, unlimited access here