Liverpool report world-record £125m profit for 2017-18 financial year

• Champions League football helped beat Leicester’s £92.5m
• Reds reinvested £190m in players, including agents’ fees

Liverpool broke the world record for the biggest pre-tax profit made by a football club during the 2017-18 financial year, the club’s latest accounts have revealed.

Champions League qualification, progress to the final in Kiev and the £142m sale of Philippe Coutinho to Barcelona were instrumental in producing a pre-tax profit of £125m, eclipsing the £92.5m made by Leicester City in 2016-17.

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