Liverpool have announced a pre-tax profit of £42 million ($54m) in its latest annual financial accounts.
The Reds’ success on the field is being matched off it, with a record turnover of £533m ($688m) also confirmed for the year up to and including May 2019.
That figure was boosted by the club’s second-placed finish in the Premier League last season, as well as the lucrative new UEFA Champions League broadcast deal and a series of new commercial partnerships.
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The period also saw unprecedented investment in the club's playing squad.