Liverpool are set to join the Premier League’s “£100million club” as the Anfield Road expansion allows them to rake in even more matchday revenue.
That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about the 7,000-seat capacity upgrade currently underway on Merseyside.
The development, which will reportedly cost around £80m, will see Anfield reach a capacity of 61,015, making it the third-largest stadium in the Premier League.
Check out our latest gallery showing the significant progress made on the Anfield Road expansion project 📸👇
— Liverpool FC (@LFC) July 21, 2022
Liverpool’s media team released footage on Thursday (21 July) of the 300-tonne roof being lowered into place.
They describe the development as a “significant milestone” in the project.
The Reds will see their matchday income shoot past the £100m mark when construction is complete, claims Maguire.
“If we take a look at Liverpool, overall the club generates £1,600 per season, per fan,” he told Football Insider’s Adam Williams.
“Over the course of a season, that works out at around £11.2m. In terms of Liverpool’s matchday income, that is an extra 15 per cent on their pre-Covid rates.
“I think they will likely be joining the £100m club. It was £84m in 2019. If you add in a few price increases and the fact there will be a significant number of fans in the prawn sandwich brigade, that takes them to around £100m per year.
“They will be joining Man United, Spurs and Arsenal.”
The project is due to be finished by the summer of 2023.
Construction began just five years after Liverpool opened the expanded Main Stand at Anfield.