Premier League: net loss of €60.7m for Liverpool in 2012-13, despite revenues up 9%

Liverpool FC (Premier League) achieved a turnover of £206.1m (€250.9m) in the 2013 fiscal year (01/06/2012 to 31/05/2013), up 9% over the previous twelve months, the club announced during the presentation of its 2013 annual report on 04/03/2014. This increase even reached almost 22% compared to the 10 months of the 2012 fiscal year (since 01/08/2011, the club has based its accounts on a fiscal year that starts in June), when the Reds achieved a turnover of nearly £169m (€205.74m).

Liverpool recorded an operating loss of £32.7m (€39.8m) in 2013, £2.4m (€2.9m) more than in 2012 (£35.1m, -€42.74m). Net loss for the club reached £49.85m (€60.7m) on 31/05/2013, 23.1% more than in 2012 (£40.5m, €49.3m).
The club's financial debt reached £45.1m (€54.9m) at the end of the 2013 fiscal year, down 29% compared to the previous year (£65m, €79.1m).
Net debt of the club amounted to £114m (€138.8m) on 31/05/2013, compared to £87.2m (€106.2m) a year earlier, representing a 30.8% increase over 12 months.

"Since Fenway Sports Group (FSG) completed its takeover of Liverpool FC in October 2010, revenue…