Political Economy of Football
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Liverpool Football Club and Athletic Grounds plc

Traditional Liverpool strip

Notes:

The club was taken over by two Americans in February 2007, with Tom Hicks, co-founder of the US investment firm Hicks Muse, Tate and Furst, providing half the equity for George Gillett's successful bid.

Turnover and pre-tax profit figures are in millions.

Website: www.liverpoolfc.tv

 

Financial Overview

Year
Turnover
Pre-tax profit
Wages / Turnover ratio (%)
Employees

2005/06

119.499

-5.161

57.63

313

2004/05

121.054

9.463

52.4

290

2003/04

92.576

-21.903

60.0

280

2002/03

102.504

3.641

53.1

285

2001/02

98.668

9.092

56.8

265

2000/01

82.155

0.406

59.5

268

1999/00

46.609

2.242

86.1

256

1998/99

45.265

-8.061

80.1

251

1997/98

36.366

4.139

66.3

207

1996/97

39.153

7.579

38.4

205

1995/96

27.396

-4.882

48.3

186

1994/95

19.878

-2.753

 

167

 

 

 

 

 

Spectator Numbers since 1994/95

Liverpool FC Match Attendance figures graph

(domestic league matches only)

Archived Articles on Liverpool FC

'Pool Fans See DIC As Saviour - 15/03/2008
ShareLiverpool are maintaining their dream of owning the club for the fans, but in the meantime they have been having discussions with prospective bidders Dubai International Capital...

Battle For Control Of Liverpool Goes On (And On) - 06/03/2008
DIC, Hicks, Gillett, and now the organisers of ShareLiverpoolFC, are all bidding to take full control at Anfield...

Liverpool Sale Rumours Persist - 26/02/2008
Rumours that Liverpool Football Club may soon have new owners in the form of Dubai International Capital (DIC) continue to circulate despite a robust denial by co-owner...

Can Fan Buy Out Plan Work? - 03/02/2008
Can the plan of the Share Liverpool FC Group to buy the club from its American owners work? It has already been welcomed by culture, media and sports secretary Andy Burnham who called the plan, headed up by football academic Rogan Taylor, 'a fascinating development...'

Liverpool Secures Refinancing Package - 27/01/2008
The US owners of Liverpool have completed its long-awaited refinancing, securing a £350m loan from Royal Bank of Scotland and Wachovia. The package will need to be refinanced again in 18 months' time...

Battle To Control Liverpool Is On - 20/01/2008
Liverpool could change hands for the second time in a year as their American owners run into difficulties in refinancing £350m of debt incurred in taking over and running the club...

Liverpool Could Be Sold Again - 14/01/2008
Liverpool could change hands for the second time in a year as their American owners run into difficulties in refinancing £350m of debt incurred in taking over and running the club...

Liverpool Sale Denied - 26/12/2007
Liverpool owners Tom Hicks and George Gillett have told friends that they have no 'interest whatsoever' in selling the club. They made their stance plain to friends and business associates after it was reported at the weekend that Dubai International Capital were poised to take over because the Americans were allegedly having problems re-financing the debt taken out to buy Liverpool. It is understood that Hicks and Gillett are poised to re-finance the £220m loan with a new £350m loan with the Royal Bank of Scotland to include £60m for work on Stanley Park and £25m to cover the cost of last summer's signings. Stadium plans are apparently proceeding according to a revised schedule that would see the new ground open in time for the 2011/12 season.

Liverpool Stadium Plans Hit Financial Snags - 18/12/2007
Futuristic designs for new Stanley Park stadium submitted by a Texan company in July are to be replaced by what chief executive Rick Parry described as a 'slightly downgraded' version...

Liverpool Tensions Raise Broader Issues - 02/12/2007
The tensions at Liverpool between manager Rafael Benitez, the American owners and the fans are important for the future of a major club, but they also raise broader issues...

Liverpool Seek Success And A Profit - 15/07/2007
Liverpool are hoping to challenge for the Premiership title in the coming season, but there has not been quite the mass injection of funds for players that was hinted at when the new owners took over...

Liverpool's New Owners Want Bigger Stadium - 17/03/2007
Now that they have completed their purchase of Liverpool, American tycoons George Gillet Jr and Tom Hicks have urged the club to expand the new stadium at Stanley Park beyond the planned 60,000 capacity...

American Duo Go 50:50 On Liverpool - 04/02/2007
Tom Hicks, co-founder of the US investment firm Hicks Muse, Tate and Furst is dipping into his personal fortune to provide half the equity for George Gillett's purchase of Liverpool FC...

Angry Sheikh Pulls Out If Liverpool Bid - 31/01/2007
Liverpool's plans for the funding of a new stadium are in turmoil after an angry Sheikh Mohammed pulled Dubai International Capital out of their takeover bid for the club...

Second Bid For Liverpool - 28/01/2007
Liverpool has received a second foreign takeover bid for the club, this time from George Gillett, owner of the Montreal Canadians ice hockey club...

Liverpool May Choose Gulf State Owners - 04/12/2006
The seemingly endless saga of Liverpool's takeover looks like it is coming to an end with the club becoming the first Premiership club to be owned by the investment vehicle of a Gulf state...

Liverpool Considers Two Bids - 26/11/2006
It was recently suggested on this page that Liverpool might be the next Premiership club to be sold to foreign owners and the club is currently in discussions with US sports entrepreneur George Gillett and Dubai Capital International...

Liverpool Court Date With Reebok - 08/10/2006
Liverpool have a trial date next April for their dispute with sportswear manufacturers Reebok International...

Liverpool Given Deadline On New Stadium - 23/09/2006
Liverpool have been told to provide evidence of how they will fund their proposed new £180m stadium at Stanley Park or risk losing European funding...

Norwegians Interested In Liverpool - 23/04/2006
Liverpool's attempts to gain outside investment to underwrite its new stadium at Stanley Park have been a long saga, but now the FA Cup finalists have attracted promising interest from Norwegian investors...

New Liverpool Bid Speculation - 30/03/2006
Prodded by the Takeover Panel, Liverpool have confirmed that they are in talks that could lead to a bid for the club...

Liverpool 'A Great Brand' says Kraft - 14/11/2005
American billionaire Robert Kraft has told Radio 5 'Liverpool is a great brand and it's something our family respects a lot...

Liverpool Could Lose Stadium Funding - 13/11/2005
Liverpool could lose a major source of funding for their new stadium at Stanley Park if, in three months' time, they failed to secure the estimated £120 million...

Liverpool Get Champions League Boost - 29/05/2005
The chances of Liverpool defending their Champions League title have improved after the intervention of Uefa president Lennart Johansson and other senior officials...

Problems Over Liverpool Shirt Deal - 02/05/2005
Liverpool may not be able to produce replica shirts in time for the start of next season if it does not secure a new sponsorship deal soon to replace that with Carlsberg...

Liverpool Stadium Worries - 31/03/2005
Spiralling costs are raising questions about the viability of Liverpool's new stadium project at Stanley Park...

Liverpool In Danger of Becoming 'Relic' Club - 25/01/2005
Liverpool are in danger of becoming a footballing relic according to former captain and television pundit Alan Hansen...

Liverpool To Go It Alone - 18/01/2005
Liverpool hope that work on a new £120m stadium at Stanley Park could start within months after they formally rejected a Government-backed proposal for a groundshare with Everton...

Morgan Pulls Out Of Liverpool Deal - 22/12/2004
Entrepreneur Steve Morgan has pulled out of a £70m investment offer to Liverpool, letting it be known that he has 'lost patience' with the club's board...

Carlsberg To End Liverpool Sponsorship - 22/12/2004
Carlsberg is expected to end its twelve year old deal with Liverpool at the end of the season. The brewer considers that it is not getting value for money from its £6m a year shirt sponsorship deal...

It All Goes Off At Liverpool - 05/12/2004
Outside of Manchester, most genuine fans have considerable respect for Liverpool Football Club. But the club has been going through a troubled period off the pitch which, whatever anyone says to the contrary, can have implications for what happens on the pitch....

New Liverpool Offer - 10/10/2004
Property tycoon Steve Morgan has indicated that he is prepared to invest £100m in Liverpool Football Club, a substantial advance on the £70m he offered three months ago...

New Bid For Liverpool? - 26/09/2004
A third bid for Liverpool has emerged from two US-based entertainment executives with Hollywood links. Mike Jeffries and Stuart Ford have Merseyside roots and state that they have started talks with the club...

Thai Music Group Will Now Lead Liverpool Bid - 20/06/2004
The controversial bid by Thai prime minister Thaksin Shinawatra to bid for a stake in Liverpool 'on behalf of the Thai people' is effectively over...

Thai Bid For Liverpool Runs Into Trouble - 06/06/2004
The Thai bid to acquire a stake in Liverpool has run into trouble after increased opposition within Thailand...

Thais Step Up Interest in Liverpool FC - 15/05/2004
Foreign takeovers are the flavour of the month as the globalisation of sport gathers pace and Bangkok's Thai Rath newspaper has reported that Thaksin Shinawatra, the country's billionaire prime minister is about to sign a deal to take a Bt4.6bn (£64m) 30 per cent stake in Liverpool...

First Shot Fired in Battle For Control of Liverpool - 26/03/2004
With Liverpool knocked out of the UEFA Cup, the first shot has been fired in the battle for control of the faltering Merseyside club...

Shared Stadium For Pool? - 11/10/2003
With the promise of public funds being made available for up to a third of the cost, the North-West Development Agency has re-opened the vexed question of a shared stadium for Liverpool and Everton...













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