Liverpool are expected to become the first club in the world to report an annual net profit of more than €100 million (£88.3m), according to new estimates.
The record finances come largely thanks to a Champions League final spot worth €81.3m (£71.7m) and the sale of Philippe Coutinho in January 2018 to Barcelona, valued by some experts at €130m (£115m).
Having failed to qualify for Europe’s elite competition in 2016-17, the Champions League run will be recorded as pure top-line growth, according to calculations by the Inside World Football website.
Big-money signings including Virgil van Dijk, Mohamed Salah and Alex Oxlade-Chamberlain are likely to be spread over the length of their respective contracts for accounting purposes.
Turnover, which reached £364m in 2016-17, could soar to more than £450m, when accounts are published by Companies House in March, according to the estimate.
“Uefa Champions League prize money of €82m drove Leicester City to the highest net profit in history in FY2017 (€98m), beating the previous record of €78m set by Tottenham Hotspur in FY2014 (with Liverpool FC set to break that record again in FY2018),” according to Uefa’s European Club Footballing Landscape.