Wiping out a ‘fiscal engine’
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Perhaps that’s the biggest irony of all. Space is huge and mostly empty—and yet there’s no easy way to throw things out.
Liverpool’s wage bill increased by £42m to £428m in the year ending 31 May 2025, when a Premier League title triumph in Arne Slot’s debut season as head coach and a return to the Champions League increased revenue to a record £703m. The club’s wages-to-revenue ratio stood at a healthy 61%. It was the biggest wage bill in the division, ahead of Manchester City on £408m, and included bonuses for the record-equalling title triumph.