The loss in the year ending May 2016 was due to investment in the first-team squad and payoffs to Rodgers.
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Liverpool Wednesday announced a pretax loss of 19.8 million pounds ($24.5 million) for last year despite record revenue of 301 million pounds.Liverpool signed 12 players in the 2015-16 accounting period, spending 32 million pounds on striker Christian Benteke, who has since left, and 29 million pounds on Brazilian forward Roberto Firmino.Overall revenue has grown every year since American owners Fenway Sports Group took over in October 2010 and rose to 301 million pounds from 279.9 million pounds.Commercial revenue dropped slightly, falling 700,000 pounds to 115.7 million pounds, but there were increases in matchday (up 3.4 million pounds to 62.4 million pounds) and media revenue (up 1 million pounds to 123.6 million pounds).
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