Report: Why Liverpool's wage bill increased by £42m in 2024/25 accounts despite just one senior signing

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Liverpool have published their 2024/25 accounts and their wage bill, which has increased by £42m, is now the highest in the Premier League.The Reds topped the Deloitte Football Money League with a club-record high £703m revenue and have now released a summary of their accounts from the last financial year:Media revenue increased by £60m to £264mMatchday revenue increased by £14m to £116mCommercial revenue increased by £15m to £323mAdministrative costs increased by £57m to £657mStaff costs increased by £42m to £428mOverall revenue increased by £89m to £703mProfit after tax was £8m Who should be Liverpool’s no.10 vs West Ham? Mac Allister over Szoboszlai? 🤔 Credit: Julian Finney/Getty Images Premier League bonuses and contracts lead to Liverpool’s wage bill increaseInterestingly, it has been reported by The Athletic that Liverpool’s wage bill rose by £42m in this period.This comes despite the fact that they were very quiet on the transfer front, with Federico Chiesa the only addition in the summer of 2024.However, it makes more sense when you realise that most of that increase came from bonuses paid out after Liverpool clinched their second-ever Premier League title.As well as title bonuses, the Merseyside outfit handed new contracts to Mohamed Salah and Virgil van Dijk in the last financial year.Salah is now the highest-earning player at Anfield with a base weekly salary of £400,000-a-week, while Van Dijk takes home £350,000-a-week, sitting second on the list.We will not know how much this past summer’s transfer spending spree has cost Liverpool until this time next year.But with a British record fee paid for Alexander Isak as part of a £450m spree, expect an increased figure.Jeremy Jacquet is set to join Liverpool in the summer as well after a deal was agreed in the January window, but it’s expected the costs involved in signing the centre-back will be added to the following year’s accounts.Join Our NewsletterReceive a digest of our best Liverpool content each week direct to your mailbox