Liverpool made a pre-tax loss of £9million last season as increased commercial income did not offset a drop in money made from media and matchday revenues.
The previous 12 months had produced a small profit of £7.5m.
Liverpool’s biggest income stream in 2022-23 was the £272million, up £25m, generated from off-field income but a last-16 Champions League exit a year after reaching the final meant television money dropped by £19m to £242m.
Matchday revenue also fell by £7m due to fewer games being played across last season after the previous campaign when the club played in every fixture – a total of 63 – they were eligible for, winning both domestic cups and reaching the Champions League final.
While overall revenue remained the same at £594m,…