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Liverpool announces losses of 50 million until May 2020

These losses have been caused by the decrease in revenue per game due to the outbreak of the pandemic, as well as the reduction in television revenue

Liverpool announced losses of 46 million pounds (about 50 million euros) between May 2019 and the same month of 2020.

The club has made its financial results official days after communicating its entry and exit from the European Super League, an a priori lucrative project for their interests, but which led to the rejection of the fans.

These losses have been caused by the decrease in revenue per game due to the outbreak of the pandemic, as well as the reduction in television revenue.

To alleviate the effects of covid-19, the owners of the club, Fenway Sports Group, last month they sold 10% of their stake, valued at 543 million, to the investment firm RedBird Capital.

Income as the result of winning the Premier League they were not accounted for until June of last year, so they have not been included in these results.

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