Liverpool have announced pre-tax profits of £42million for the financial period ending May 31, 2019, despite a club-record spend on players.

The club's turnover increased by £78m to £533m thanks to rises in media, commercial and match revenue.

A new Champions League broadcasting deal and the team's second-place finish in the Premier League under Jurgen Klopp last year also boosted profits.

Their Champions League triumph in 2018-19 is expected to be included in the next set of financial results.

The positive figures come despite a club-record £223m spend on the signings of Alisson, Naby Keita, Fabinho and Xherdan Shaqiri, as well as 11 new contracts for established first-team players.

Liverpool, who became champions of Europe for the sixth time last June, are seventh in the Deloitte Football Money League, a rise of two places from the previous financial year.

Andy Hughes, Liverpool's chief operating officer, said via the club's website: "This continued strengthening of the underlying financial sustainability of the club is enabling us to make significant investments both in player recruitment and infrastructure.

"Being able to reinvest over £220m on players during this financial period is a result of a successful business strategy, particularly the significant uplift in commercial revenues.

"The cost of football, however, does continue to rise in transfers and associated fees but what's critical for us is the consistency of our financial position, enabling us to live within our means and continue to run a sustainable football club."

The club have also boasted of six million more social media engagements than any other Premier League club during the 2018-19 season, while they say investment in the new training base at Kirkby and further planned expansion of Anfield is testament to the support of owners Fenway Sport Group.

"What we're seeing is sustained growth across all areas of the club, which is aligned to the recent performance on the pitch," said Hughes. "There is more work to do and, importantly, we will continue our dialogue with all key stakeholders, including local residents, businesses and community groups.

"These financial results and this sustained period of solid growth is testament to our ownership, Fenway Sport Group, who continue to support the club's ambitions and continue to reinvest revenues both in strengthening the playing squad and the club's infrastructure to build for the future."

Liverpool appear to be getting closer to completing a deal for RB Leipzig star Timo Werner.

Werner, 23, has been linked with a move to Anfield after a prolific season with the Bundesliga side.

Now, it seems the Germany forward is continuing to take step towards joining the European champions.

 

TOP STORY – LIVERPOOL OFFER WERNER FIVE-YEAR DEAL

Liverpool have offered Werner a contract until 2025 worth £6.8million (€8m) a season plus bonuses, according La Gazzetta dello Sport journalist Nicolo Schira.

The Premier League club are reportedly ready to pay Werner's release clause of £49m (€58m) before April.

Werner, who recently spoke glowingly about the Premier League club, has 27 goals in 33 games in all competitions this season.

ROUND-UP

- Manchester United are backing Ole Gunnar Solskjaer. The Sun reports United are preparing a £250m spending spree amid links to the likes of Borussia Dortmund midfielder Jadon Sancho, Aston Villa's Jack Grealish and Leicester City's James Maddison.

- Coming out of contract at the end of the season, Jan Vertonghen seems set to leave Tottenham. The Evening Standard reports Inter have contacted the defender about a potential move.

- Could Marcelo Bielsa be set to leave Leeds United? ElDesmarque reports Real Betis have contacted the Argentinian about his situation, with Leeds chasing promotion to the Premier League.

- Looking to strengthen their defence, Chelsea have made RB Leipzig defender Dayot Upamecano their number one transfer target, according to the Mirror.

- Amid some criticism of Real Madrid over their decision to let Theo Hernandez leave for Milan in July, CalcioMercato reports the 22-year-old Frenchman is happy at the Serie A club, where he has starred this season.

Liverpool appear to be getting closer to completing a deal for RB Leipzig star Timo Werner.

Werner, 23, has been linked with a move to Anfield after a prolific season with the Bundesliga side.

Now, it seems the Germany forward is continuing to take step towards joining the European champions.

 

TOP STORY – LIVERPOOL OFFER WERNER FIVE-YEAR DEAL

Liverpool have offered Werner a contract until 2025 worth £6.8million (€8m) a season plus bonuses, according La Gazzetta dello Sport journalist Nicolo Schira.

The Premier League club are reportedly ready to pay Werner's release clause of £49m (€58m) before April.

Werner, who recently spoke glowingly about the Premier League club, has 27 goals in 33 games in all competitions this season.

ROUND-UP

- Manchester United are backing Ole Gunnar Solskjaer. The Sun reports United are preparing a £250m spending spree amid links to the likes of Borussia Dortmund midfielder Jadon Sancho, Aston Villa's Jack Grealish and Leicester City's James Maddison.

- Coming out of contract at the end of the season, Jan Vertonghen seems set to leave Tottenham. The Evening Standard reports Inter have contacted the defender about a potential move.

- Could Marcelo Bielsa be set to leave Leeds United? ElDesmarque reports Real Betis have contacted the Argentinian about his situation, with Leeds chasing promotion to the Premier League.

- Looking to strengthen their defence, Chelsea have made RB Leipzig defender Dayot Upamecano their number one transfer target, according to the Mirror.

- Amid some criticism of Real Madrid over their decision to let Theo Hernandez leave for Milan in July, CalcioMercato reports the 22-year-old Frenchman is happy at the Serie A club, where he has starred this season.

Real Madrid midfielder Toni Kroos has revealed he came close to joining Manchester United in 2014 and also held talks with Liverpool the same year.

The Germany international has won the Champions League three times and LaLiga once since arriving at Madrid from Bayern Munich six seasons ago.

However, things could have been a lot different as Kroos was on the verge of putting pen to paper with United, only for the Premier League club to pull the plug on a potential transfer.

"David Moyes came to see me and the contract had basically been done but then Moyes was fired and Louis van Gaal came in, which complicated matters," he told The Athletic.

"Louis wanted time to build his own project. I didn't hear anything from United for a while and started having doubts.

"Then the World Cup started and Carlo Ancelotti called. And that was it."

Liverpool were also in the running to sign Kroos from Bayern and the 30-year-old received a text from Luis Suarez asking him to make the switch to Anfield.

"It wasn't a straight chat-up line but they offered to tell me more about the club and so on," he said of the discussions with the Merseyside club.

"The funny thing was, Suarez was about to leave to Barcelona anyway!"

Kroos has been linked with Madrid's Champions League last-16 opponents Manchester City in more recent years, but he has ruled out a reunion with ex-Bayern boss Pep Guardiola.

"I want to finish my career at Madrid, so I'd say it's very unlikely," said Kroos, who previously hinted he may retire when his current deal expires in 2023.

"But I loved playing for him and could have renewed my contract at Bayern, of course. I don't think it's ever a good idea to sign a deal just because of the manager, however.

"Pep wanted me to renew but what would have been the point of me signing a five-year deal if the manager was off again soon?

"He went to Man City two years later but we're still in touch and get on very well. I will never forget it because I learned so much."

Manchester City forward Raheem Sterling has revealed his Liverpool-supporting daughter tries to wind him up by chanting songs about Mohamed Salah.

Sterling was a first-team regular for three seasons at Anfield prior to forcing through a reported £49million move to Premier League rivals City in July 2015.

He has won six major honours during his time with City, but the England international continues to play second fiddle to Liverpool star Salah in his own household.

"She has my sort of personality and she likes to banter and chant Mo Salah's songs to me," Sterling said in an interview with AS. 

"She knows the rivalry between Liverpool and the team that I play for so she's always singing their songs and trying to wind me up but that's just her personality."

The 25-year-old also opened up on coping with racism on the football field and in everyday life.

Sterling has been praised for the stance he has taken against racism and discrimination, but he insisted there is a lot of work to be done in the wake of some unsavoury incidents.

Porto forward Moussa Marega demanded to be substituted earlier this month after scoring in a Primeira Liga win over Vitoria Guimaraes.

"Today this is one of those things that becomes normal," he said. "It is frequent now to see a player walk off the pitch by himself. 

"It's sad to see but it's one of those things that I don’t think is taken quite seriously enough. 

"People say that it is taken seriously but you can see month after month, it's the same on everywhere. 

"I think that if it was other subjects or people commenting on other people's sexuality, I think it would be taken a lot more seriously than talking about someone's skin colour."

Paul Pogba conceded Liverpool are "way ahead of everyone else" even if the Manchester United midfielder is desperate not to see Jurgen Klopp's men lift the Premier League.

Liverpool have been unstoppable in the league this season and Monday's come-from-behind 3-2 win over West Ham at Anfield means they have won 26 and drawn one of their 27 games.

The Reds can become the first team to wrap up the Premier League by March and are on course to go one better than 2018-19 when they finished runners-up to Manchester City, though they did also lift the Champions League.

United midfielder Pogba, who has endured an injury-hit campaign, said credit must be given where it is due even though the Red Devils midfielder is disappointed to see the club's rivals succeed.

Speaking to ESPN, he said: "They are so way ahead of everyone else.

"They have not lost a single game yet this season in the league. They already have one hand on the Premier League trophy.

"As a Manchester United player and with the rivalry between us, we don't want them to win the title. We don't want anyone else to win apart from us, but as a football lover and a respectful player to opposition team, I have to say that they deserve to be where they are today.

"They have been even better than last season when they won the Champions League and the season before when they [lost the final to Real Madrid]."

Perhaps Jadon Sancho will remain at Borussia Dortmund beyond this season.

Sancho, 19, has been heavily linked with a move to the Premier League after impressing with the Bundesliga side.

But the England winger could yet stay at Dortmund a little longer.

 

TOP STORY – SANCHO MAY STAY AT DORTMUND BEYOND THIS SEASON

Sancho is happy at Dortmund and an exit in the close season is not certain, according to Ruhr Nachrichten.

The teenager is contracted at the club until 2022 so may at least begin the 2020-21 campaign at Dortmund.

Liverpool, Manchester City, Manchester United and Chelsea are all reportedly interested in Sancho.

 

ROUND-UP

- Staying at Liverpool and the Premier League leaders may have received more good news. Sport1 reports RB Leipzig star Timo Werner's release clause is £25.2m (€30m) plus a guarantee of performance-related bonuses. Previous reports said the forward's release clause was £50.4m (€60m).

- Marcelo Brozovic has done enough to impress Antonio Conte. CalcioMercato reports Inter are ready to begin contract talks with the Croatia international, who is set for a salary increase but could also have his release clause of €60m removed. Brozovic's current deal runs until 2022.

- Could George Clooney be set for a foray into … Malaga? AS reports a group with business links to the American actor are in talks to buy a stake in the Spanish club.

- With his Manchester United contract expiring at season's end, Nemanja Matic appears set for a move from Old Trafford. CalcioMercato reports the midfielder's agents have offered the 31-year-old to Milan, Juventus and Inter.

- Leicester City are considering offering defender Christian Fuchs a new deal, according to the Daily Mail. Fuchs is out of contract at the end of the season.

David Moyes warned West Ham they needed to cut out individual errors after goalkeeper Lukasz Fabianski's costly mistakes in a loss to Liverpool.

With West Ham leading 2-1, Fabianski allowed a Mohamed Salah strike to squirm through his legs before being caught out of position for Sadio Mane's 81st-minute winner.

Despite threatening the huge upset at Anfield, West Ham are in the relegation zone, a point from safety.

While he backed Fabianski to recover from his mistakes, Moyes said the individual errors needed to stop.

"He has done great for us but, when you're in our position, when you make individual mistakes, you need to quickly get over them and get on with it and not let it happen again. That's the important thing," the West Ham manager said, via the club's website.

"He had a couple of really good saves. He had a couple of worldies when Liverpool hit a couple of good shots, but if I'm being honest, I think we should stop the first one as well.

"When you come to Anfield, I think you're always going to need your goalie to play well, whatever team you are, your goalie's going to need to play well because of their ability to get chances and shots.

"But Lukasz has done great for the club and he's done great for us, and it can happen, but for us to get where we need to go, we need to cut our individual mistakes out, whether it be the goalkeeper, the centre-half or a centre-forward missing a chance, we've got to be able to do that."

Issa Diop had cancelled out Georginio Wijnaldum's opener before Pablo Fornals gave West Ham a shock lead early in the second half.

Moyes saw plenty of positives from his team, but lamented their failure to take something from the clash with Liverpool.

"I have to praise the players for their effort and their commitment and even at the end, we looked like we were going to get a third right at the end. We have to take something positive from it, but taking no points means there is no real positive," he said.

"I have to say the players are getting better and doing a lot of good things, but we have to cut out the individual errors because they are costing us.

"I was pleased in a lot of aspects. I thought we did a really good job. I thought it was a game you come into and nobody has enjoyed coming here at the moment because of how well they're playing, but I thought, for long periods of the game, we did a decent job."

Jurgen Klopp expects further difficulties as Liverpool try to clinch the Premier League title after edging West Ham in a thriller on Monday.

Liverpool came from 2-1 down to win 3-2 at Anfield, where Sadio Mane scored an 81st-minute winner to restore his side's 22-point lead at the top.

Klopp's men have won a record-equalling 18 straight Premier League games and are four victories away from a first league title in 30 years, with matches against Watford, Bournemouth, Everton and Crystal Palace to come in March.

The Liverpool manager knows further struggles await his side, who have won 26 of their 27 Premier League games this season.

"Could I have wished for a better position to go into these last 11 games? No, I would never have thought it's possible," Klopp told a news conference.

"But each one of them is really difficult and we respect that a lot. We don't expect one easy game, nobody wants to go through easily, we just have to be ready for work and for hardest work and we were that tonight as a unit, together with the crowd again.

"I really love that fact and I couldn't appreciate it more, it's really special."

While acknowledging Liverpool's incredible season, Klopp is keeping his players focused as they move closer to the title.

The German said his side must be prepared for another battle at Vicarage Road on Saturday.

"We all know that it's very special but in the moment we are really just in the situation and want to recover and want to prepare the next one because the next opponent is really waiting and wants to fight us," Klopp said.

"The whole stadium at Watford will go [after] us, it's completely normal, there will be a special atmosphere and we have to be 100 per cent ready.

"I saw the boys tonight, they are ready to fight, and as long as we are really ready to fight nobody should worry, but still a lot of work to do."

Trent Alexander-Arnold praised Jurgen Klopp's ability to get the best out of players after the full-back's starring role in Liverpool's 3-2 victory over West Ham.

The runaway Premier League leaders had to overcome a second-half deficit on Monday to clinch an 18th-straight Premier League triumph, equalling Manchester City's competition record in the process.

Alexander-Arnold played a key role in the winner, setting up Sadio Mane in the 81st minute, having already provided the cross for Georginio Wijnaldum's early opener at Anfield.

The 21-year-old's two assists against the Hammers takes him up to 25 in the Premier League, a tally only Cesc Fabregas and Wayne Rooney reached at a younger age than the defender.

"There are instructions from the manager, there is a game plan and a way we have to play," Alexander-Arnold explained on Sky Sports' Monday Night Football.

"Not every game is the same. The opposition set up differently, meaning there is different tactics we have to do. But the manager gives us freedom, he understands the players' qualities.

"That's massive for us. It gives us that freedom to go and express ourselves as much as possible.

"We are an attacking side. We want to create chances and be scoring goals, be hurting opponents. The best way of that is to get players forward and create as many chances as possible."

Local lad Alexander-Arnold thanked the Anfield crowd, as well as his boss, admitting the home support had helped to inspire the second-half comeback.

"We've dominated the game and tried to create as many chances as possible, but we're happy with the win, that's the main thing," he said. "But there are a lot of things to get right.

"The fans were massively with us, especially when we went behind. It's a massive help to have fans like that.

"For us, we just try to keep going, that's the mindset drilled into us by the manager. It paid off in the end."

Jurgen Klopp praised Liverpool's attitude after they had to "squeeze it" to get the better of West Ham in a five-goal thriller at Anfield.

The table-topping Reds went ahead early on through a Georginio Wijnaldum header, only for their struggling opponents to threaten an almighty upset.

After Issa Diop levelled just 174 seconds after the opening goal, substitute Pablo Fornals – who replaced the injured Tomas Soucek early in the second half – had West Ham ahead, the midfielder turning in Declan Rice's cross.

However, Lukasz Fabianski gifted the hosts an equaliser when he allowed Mohamed Salah's shot to squirm through his legs, with the goalkeeper then also caught out of position for Sadio Mane's 81st-minute winner.

"I liked a lot how we started. We scored a wonderful first goal, but then we weren't good in second-ball situations," Klopp told Sky Sports. "We struggled in this situation and that gave West Ham a good feeling.

"They could win the second ball from the goal-kicks and for us that was difficult. We lost a little bit of patience in the first half in the things we did, offensively you could see this a little bit.

"They scored the second goal and I have to watch back how that happened. Then we were forced to stay calm and do the right stuff.

"All the goals we scored were strange. The best one we scored didn't count because Sadio was offside. But you have to squeeze it, and that's what we did tonight to get the three points. It is so special."

Klopp was pleased at how his team responded to adversity when 2-1 behind, allowing them to rally and clinch a record-equalling 18th straight Premier League win.

That tally matches the achievement of Pep Guardiola's Manchester City side between August-December 2017, while the Reds are now just four victories away from clinching a first league title in 30 years.

"The set-pieces brought us back tonight, getting the momentum back again – because we had a couple one after another," Klopp said. "You need to have different ways.

"There were so many things we could do better but to reach this number of games, you cannot be brilliant all the time. We just try to make the best of what we have.

"I am pleased with the attitude we showed. The crosses were a bit too hard from Andy Robertson and Trent Alexander-Arnold but we had super situations, so all okay."

Liverpool were made to work to clinch a record-equalling 18th-straight Premier League win on Monday, needing a second-half rally to see off struggling West Ham 3-2 at Anfield.

Sadio Mane scored in the 81st minute to secure three more points on the march to a first title in 30 years, though they were made to work hard against opponents struggling at the wrong end of the table.

Jurgen Klopp's runaway leaders took an early lead but benefited from a nightmare outing for Lukasz Fabianski to match Manchester City's streak of victories in the competition.

It appeared set to be business as usual for the Reds when they claimed a ninth-minute lead on Merseyside, Georginio Wijnaldum nodding them in front.

The Dutchman stooped to convert Trent Alexander-Arnold's inviting cross, Fabianski only able to paw the ball into his net.

Home fans responded to the goal by chanting, 'We're going to win the league' – only to be quickly silenced by an equaliser at the Kop end.

Issa Diop met Robert Snodgrass' corner at the near post and his header squeezed beyond Alisson, meaning Liverpool’s advantage had lasted for a mere 174 seconds.

Substitute Pablo Fornals – on for the injured Tomas Soucek – then put West Ham ahead in the 54th minute, providing a well-placed, first-time finish when picked out by Declan Rice's cross.

Yet with David Moyes perhaps contemplating a first Anfield win in his managerial career at the 16th attempt, Fabianski's struggles continued.

Having just produced a spectacular save to tip away a drive from Alexander-Arnold, the usually reliable goalkeeper allowed a drive from Mohamed Salah to spill between his legs and cross the line.

The comeback was complete for Liverpool when Fabianski's ill-advised decision to come out and meet Alexander-Arnold allowed the full-back to clip a bouncing ball back inside for Mane to turn home.

Mane had a second goal ruled out by VAR for offside, but Liverpool were still able to celebrate a 21st successive home triumph, an English top-flight record they share with the legendary Bill Shankly's side from 1972.

Erling Haaland has taken the world by storm since joining Borussia Dortmund in January.

Already stunning Europe with his exploits for Salzburg, Haaland has scored 12 goals in eight appearances as a Dortmund player.

Now, Real Madrid could be about to come sniffing in their pursuit of goals.

 

TOP STORY – HAALAND AN OPTION FOR MADRID

Borussia Dortmund sensation Haaland could be a cheaper alternative for Real Madrid instead of Paris Saint-Germain star Kylian Mbappe, writes Marca.

Mbappe has long been linked with a move to Madrid, where Zinedine Zidane is a keen admirer of his fellow Frenchman.

However, 19-year-old Dortmund recruit Haaland – whose €75million release clause is set to kick in next year – has emerged as an option for Madrid, with PSG set to demand a mammoth fee for Mbappe.

 

ROUND-UP

- Reports linking Inter star Lautaro Martinez to Barcelona are gathering steam and Calciomercato says the LaLiga champions want to start negotiations by May. Madrid and Manchester United are also reportedly interested.

- Staying at Camp Nou and Barca are keen on signing Valencia centre-back Hugo Guillamon, according to Sport. The 20-year-old will be available on a free transfer at season's end.

Bayern Munich are interested in RB Leipzig defender Dayot Upamecano but Kicker claims the Bundesliga champions believe he is too expensive at €60m. Upamecano has been linked to Arsenal, Tottenham, Barca and Madrid.

- Remaining in Munich and Kicker also says Bayern are unconvinced by the €100m price tag of Bayer Leverkusen midfielder Kai Havertz, whose admirers include the likes of Liverpool and United.

Jurgen Klopp admitted success helped Champions League titleholders Liverpool attract players, but it also made completing signings harder.

While they hold a 19-point lead atop the Premier League, Liverpool have been linked with moves for numerous players, including RB Leipzig star Timo Werner.

Klopp is unfazed by suggestions his team are the world's best, but said it could help with signings.

"It's easier if players see you as that. If they see you are successful, it's easier to get into talks with players," he told UK newspapers.

"But on the other side, it's more difficult the better your team is because they ask questions like, 'where and when would I play?'

"We need players who want to be part of this, who want to fight for their spot, who want to make the next step together with us, who want to develop and improve so that's it.

"We have these players and whoever wants to join us needs to have exactly this kind of attitude."

Liverpool are still unbeaten in the Premier League ahead of hosting West Ham at Anfield on Monday.

Klopp said finding the right players to add to his side, who were Champions League winners last season, was difficult.

"The age group of the team is good in the moment. In two or three years, maybe it'll be different but for the moment, it's good," he said.

"It depends on what you want. Is it a good age for selling? Probably not. But is it a good age for performing? Yes.

"So there are a lot of things we have to think about. It's an interesting period."

Timo Werner has once again spoken positively about a potential move to Liverpool, labelling Jurgen Klopp the "best coach in the world".

RB Leipzig forward Werner has been heavily linked with a switch to Anfield after starring in his club's push for a maiden Bundesliga title.

The 23-year-old, who has scored 27 goals for Leipzig in all competitions this season, said on Wednesday he was "very proud" to be linked with European champions Liverpool.

Werner has now talked up the runaway Premier League leaders once again after scoring in a 5-0 thrashing of Schalke on Saturday, a victory that kept Leipzig just a point behind Bundesliga front-runners Bayern Munich. 

"Jurgen Klopp is the best coach in the world," Werner told Sky Germany.

"There is a lot to suggest that my style of play would suit there [Liverpool]."

The Germany international did insist his focus was strictly on his current club for the remainder of the campaign.

"I'm not worried about that [a move to Liverpool], because we have so much to do with Leipzig," he added.

"It's difficult to think about where to play next year. You have to worry about it after the season. Inquiries come in, you don't have to lie that it is so."

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