“The battle off the field in the Premier League is as keenly contested as the one on it. Liverpool’s recently published accounts for the 2022-23 season showed that commercial income had risen by £25million to £272m ($345.5m at the current exchange rate) – moving above broadcast and other media revenue to become the club’s biggest source of cash. That figure has almost doubled in the space of five years but they are still playing catch-up on two of their domestic rivals. Manchester City lead the way with annual commercial revenue of £341million, followed by Manchester United on £303m. …”
The Athletic