Liverpool pay moving tribute to 'cherished' Diogo Jota in end of year accounts
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Included in the figures was the cost to the club following Jota’s tragic deathLiverpool say Diogo Jota’s tragic death was an “immeasurable” loss in a new moving tribute released in the club’s financial accounts.It came as the end of year accounts from their 2024-25 title winning season showed record revenues of £700million. Included in the figures was the cost to the club following Jota’s death.
The Portugal international tragically lost his life in July last year, alongside his brother, following a car crash in northern Spain.The football world was left reeling by the sudden loss, which came just 11 days after Jota had married childhood sweetheart Rute Cardoso.The Lamborghini Huracan carrying Jota and his brother veered off the road and burst into flames. Following his lung surgery, Jota had been advised against flying and was driving to Santander.In the section detailing ‘player trading’, the accounts stated: “The Club was deeply saddened by the tragic passing of first team player Diogo Jota and his brother Andre Silva.
Click here to activate or add us as your Preferred Source in your Google search settings.It continued: “In accordance with financial reporting standards, the club expects to recognise the financial impact, including a £14.4million impairment of remaining registration costs for Diogo and other associated costs, in the reporting period ending 31 May 2026.“While this financial assessment is necessary for financial reporting purposes, it does not reflect the immeasurable personal and professional loss experienced by the club.”The financial statement followed: “Diogo was an exceptional professional, a valued teammate and a cherished part of the club’s family whose contribution to the Club, both on and off the pitch, will be remembered with great respect and affection and whose legacy will continue to be honoured by the club in years to come.”A police investigation following the crash concluded a tyre blow out while Jota attempted to overtake another vehicle on the A-52 led to their car careening off the road at about 12.40am, quickly becoming engulfed in flames.Liverpool have already confirmed they would pay the full amount left on Jota’s contract to wife Rute and his three children, estimated at around £14.5million.Jota’s weekly wage was around £140,000 a week, with two years remaining of the deal, that was due to expire in 2027.Manager Arne Slot said last summer the contract would be honoured by club owners Fenway Sports Group, saying: “Maybe people think it’s normal, but it is not in football.“Owners are mainly criticised, like managers, but the way they’ve handled this situation, by paying his wife and his children all the money from the contract is commendable.”Liverpool chairman Tom Werner said the club had taken steps to support Jota’s family. He was beloved, not because he was the leading goal scorer, he was beloved because he was genuinely kind.”After releasing the accounts last week, Jenny Beacham, LFC’s chief financial officer, said: “We make no secret of our desire to run and operate a financially sustainable club, to grow revenue streams, and to do all we can off the pitch to help bring more success on it.“The 2024-25 season is a great example of how this can work, with record revenues alongside the men’s team winning our 20th league title.