KopTalk.com Forums Football Liverpool FC Forum Liverpool Announce £50 million loss

http://au.eurosport.com/football/premier...950/story.shtml

With no Champions League income next season I wonder how will make a profit next season.

Also if they have written of £35 million on the failed stadium plan what does that mean in regards to us getting a new stadium, we need a new one or to increase Anfield to compete with the likes of City, Arsenal & United.

35m of this on a stadium and not a sod of grass turned! That hopefully is last debt straddled on club by hicks/Gillette

i hate american cowboys

Those are exceptional costs associated with termination payments for the old regeme and a statium project that is no longer going to occur. In accounting you reconise a loss immediately so there would be no justification to the auditors for capitalising the £35m. But it does not mean the old stadium plans or a new one will not go ahead its just an accounting adjustment moving from the balance sheet to P&L. Which has to be done under accounting convention. The underlying profit is ok but as you say pretty light because of no champions league.

either make top 4 or trim the costs

Will this affect our summer spend???

i don't think so but long term if we don't get top 4 it will have to

No problem, like KK has said, we are going to win 2 trophies, what does it matter if we aren't in the champions league!!

I think more of the high earners will be sold this summer,the likes of Glen Johnson,Pepe Reina,Joe Cole,Alberto Aquilani and Dirk Kuyt to name a few possibilities.

i think joe cole and kuyt are certain to go as they both earn way more then they are giving