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Liverpool reports losses of $64M as pandemic takes effect

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Image Credit: AO news

Liverpool reported a pre-tax loss of 46 million pounds ($64 million) for the last financial year, mainly because of the impact the coronavirus outbreak had on the English champion's media revenue and matchday income. The losses for the financial year ending May 2020 equated to a negative swing of 88 million pounds ($122 million) from Liverpool's position a year ago.