Liverpool close gap to Man United amid £80m Anfield reveal

Expanding Anfield will help Liverpool increase their £80million matchday revenue and close the gap to their Premier League rivals.

That is the view of finance expert Kieran Maguire, who spoke exclusively to Football Insider about the financial benefit of Liverpool’s Anfield expansion.

The Reds began work on an expansion to Anfield in September 2021 that will take their stadium capacity to 61,000 by adding an extra 7,000 seats to the Anfield Road stand.

Football Insider sources revealed on Thursday (15 June) that Liverpool are confident that an expanded Anfield will be ready to host the club’s opening Premier League home match of the 2023/24 campaign.

According to Liverpool’s official statement, the expansion will add 5,200 new general admission seats and 1,800 new hospitality seats.

Maguire believes the expansion will help Liverpool increase their £80million matchday revenue ready for Uefa’s new financial sustainability regulations which will cap spending based on a percentage of club income.

“With the new Uefa financial and sustainability rules and also the potential threat of some form of wage cap, it’s absolutely essential that Liverpool maximise revenues,” Maguire told Football Insider’s Sean Fisher.

“Wage bills are eventually going to be linked to total income.

“Liverpool are also conscious that the likes of Manchester United, Spurs and Arsenal will be in the £100million a year category in terms of matchday revenue.

“Liverpool have done very well with the existing expansion of Anfield to make the club reasonably competitive in the sort of £75-80million a year bracket.

“But that still means that they’re starting each season behind some of their rivals.“

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