Liverpool
Squad cost ratio (SCR) for the 2026/27 season: the Orange Ledger's independent estimate for the Premier League's 1 March 2027 test, updated as new data arrives.
Where the revenue goes
- Player and head-coach wages £323.8m
- Transfer amortisation £213.2m
- Agents' fees £22.9m
- Other squad costs (loans, net) £9.4m
- Remaining revenue
The squad costs the same £569.3m in both rings; only what it is measured against changes. Adding the three-year average profit on player sales (£61.5m a year) to revenue takes the ratio from 80.0% to 73.6%, so selling players is worth 6.4 points to Liverpool under the rule.
Squad costs and revenue: the Orange Ledger's estimate for the 1 March 2027 test, rolled forward from the 2024/25 accounts; three-year average of player-sale profit. The 85% tick marks the rule's limit on each ring.
Filed accounts, 2024/25
- Revenue, £m
- 702.7
- Profit before tax, £m, as filed
- 15.2
- Net assets, £m
- 159.5
Premier League, club company accounts as filed at Companies House, read twice. Losses and net liabilities in brackets.
20 seasons of finances →How the SCR is built
Estimate for the 1 March 2027 test, £m
| Player and head-coach wages | 323.8 |
| Transfer fees, spread over contracts | 213.2 |
| Agents' fees | 22.9 |
| Loans, net: players borrowed, less relief on players lent | 9.4 |
| Squad costs | 569.3 |
| Revenue counted by the rule | 712.1 |
| Three-year average profit on player sales | 61.5 |
| Revenue plus averaged sale profit | 773.6 |
| SCR under the rule | 73.6% |
| Before player-sale profit | 80.0% |
SCR = squad costs ÷ (revenue counted by the rule + three-year average profit on player sales).
Latest filed accounts
2024/25, year to 31 May 2025, £m
| Turnover | 702.7 |
| Broadcasting | 263.7 |
| Matchday | 115.6 |
| Commercial | 323.5 |
| Staff costs, all employees | 427.7 |
| Transfer fees written off (amortisation) | 117.2 |
| Profit on player sales | 53.3 |
| Squad book value (player registrations) | 334.0 |
UKSV Holdings Company Limited (company 07393872), as filed at Companies House. The SCR uses the club's accounts, rolled forward to 2026/27.
SCR 2026/27 articles
- Summer window Liverpool's squad cost ratio: £615m of signings, and not one of them grandfathered 19 September 2026
Figures are from the latest completed checkpoint. They are the Orange Ledger's estimates, not official figures. Liverpool's finances, season by season · All 20 clubs.
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