Nicky Henderson admitted the results of a blood test on Constitution Hill were “probably not what we were hoping for” as the horse faces a race against time to be fit for the Unibet Champion Hurdle.

The reigning two-mile champion had been very skinny odds for a Festival defence until he posted a lacklustre workout at Kempton on Tuesday morning, when the seven-year-old was virtually pulled up by Nico de Boinville.

It transpired after he was scoped that he had mucus in his lungs but Henderson had been able to issue an upbeat bulletin on both Wednesday afternoon and Thursday morning.

However, the Seven Barrows handler was then less encouraged when later getting the results of a blood test on Constitution Hill, and the unbeaten runner will repeat the process on Monday in the hope of an improvement.

In an update posted on X (formerly Twitter), Henderson said: “The result of the blood test taken this morning goes quite a long way to explaining his disappointing performance at Kempton on Tuesday and confirms that he has a significant degree of inflammation.

“The figures themselves suggest he is definitely under the weather and we will need to repeat the test again on Monday in the hope that the situation improves.

“We intend to scope him again tomorrow morning, but it appears that the blood test is a more conclusive barometer and the one we need to concentrate on.

“This is probably not what we were hoping for, but at least it tells us exactly where we are.”

Connections of Eydon are retaining plenty of faith despite the five-year-old not reading the script on his return from a long layoff in the Winter Derby.

A one-time Derby hope when trained by Roger Varian, the son of Olden Times had been off the track for 665 days when making his stable debut for Andrew Balding in the Southwell Group Three last Saturday.

Sent off the 15-2 fourth favourite of six, he was always towards the rear of the field in the hands of Kevin Stott and trailed home seven and a half lengths adrift of the winner Military Order.

The post-race vets report stated that Eydon finished lame on his left hind, but he has since trotted up fine back home at Kingsclere, with his team now eyeing the turf season and Sandown’s Brigadier Gerard Stakes on May 23 mooted as a possible early objective.

“He was trotted up the next day and they said he was fine but scratchy behind, and then the day after he was at exercise,” explained Ted Voute, racing advisor to Eydon’s owner Prince Faisal.

“It said left hind in the vet report, so maybe he tied up, but I’ve talked to Andrew twice since and he said he’s been ridden and, as far as he is concerned, everything is fine. He may have tweaked something in the race after having so much time off.

“We’re not going to Dubai, but Andrew has talked about the Brigadier Gerard. I think the next week or two will tell us more, but so far there are more positives than the vet report.”

The president of La Liga says he “doesn’t care” about Mason Greenwood’s past and wants the Manchester United forward to stay in Spain beyond this season.

The 22-year-old faced charges including attempted rape and assault but the Crown Prosecution Service announced in February last year that the case had been discontinued.

He moved to Getafe on loan last summer, and La Liga chief Javier Tebas has been impressed with him to such a degree he hopes he stays for the longer term.

“He’s doing really well at Getafe as a player and I hope he continues to be successful and he continues to stay in Spanish football because that’s always good for us,” Tebas told a media briefing at the Financial Times Business of Football Summit on Thursday.

“He is just another player. He had a past, but not a past we can do anything about. He was innocent and wasn’t condemned. We can’t be judges for everything. If we did that, we’d have no teams.

“I’m a lawyer, so it’s important to say he is not condemned. He was acquitted here (in the UK). Should we have reopened the case in Spain? Do I know the case in great detail? No.

“Greenwood was not condemned, so I don’t care.”

Manchester United’s co-owner Sir Jim Ratcliffe said last week that a fresh decision would be made on Greenwood this summer now that Ineos has been delegated control of football operations at Old Trafford.

Reports last year that United were planning to retain him following an internal investigation were met by public outcry and Ratcliffe acknowledges that a decision will have to be made when Greenwood returns about what happens next – but insists nothing has been finalised yet.

“It’s quite clear we have to make a decision. There is no decision that’s been made,” Ratcliffe said at a media briefing to mark the completion of his purchase of a minority stake in United.

Asked asked if the Greenwood situation would be a “fresh decision”, Ratcliffe said: “Yeah we will. Absolutely. We will make a decision, and we will justify it one way or the other.”

Ratcliffe added: “He’s on loan obviously, but he’s not the only one – we’ve got one or two footballers that we have to deal with and we have to make a decision on, so we will do that.”

Bayern Munich boss Thomas Tuchel wants to build on his side’s last-gasp win over Leipzig when they travel to Freiburg on Friday.

Harry Kane’s stoppage-time winner last Sunday ended Bayern’s run of three straight defeats in all competitions.

“It’s been a good week,” Tuchel told a press conference. “A win always helps everyone, particularly a last-minute win. It’s given us confidence and a positive general feeling.

“We’ve had a good week, the messaging hasn’t changed much. We’re carrying on. Tomorrow it’s about being ready. The focus is more than ever on the here and now.”

Bayern remain eight points adrift of Bundesliga leaders Bayer Leverkusen so their season probably hinges on overturning a 1-0 deficit against Lazio in the second leg of their Champions League meeting on Tuesday.

But Tuchel insisted: “The match takes place before Lazio. It’s a completely different match.

“The best preparation for one match is a successful performance. We have to take it up a notch. We managed a little uptick against Leipzig, which has given us energy.

“I’m confident we’ll win tomorrow, but it’ll only happen with full focus. It’s always difficult in Freiburg.

“They’re very flexible, very variable and do a lot of running. They carry the ball well down the right with (Ritsu) Doan. (Vincenzo) Grifo on the left tries to be a threat with crosses from deep.

“They also use long balls with up to seven attacking players. We need answers and that’s what we’ll prepare the team for. It’s always passionate in Freiburg, too.”

Tuchel will hand a late fitness test to former Manchester City winger Leroy Sane.

“Leroy always wants to play,” he said. “He’s someone who can tolerate pain extremely well. He’s felt something in the last few weeks.

“Maybe he’s been grinning and bearing it a bit too much. I get the impression he’s not completely free. He has a lot of aches and pains and is paying a bit of a price for the overload.

“We need to find the best solution for tomorrow. He’s doing an individual test now. If he can, we’ll take him into the final training session.

“We’ll see if he can make the squad tomorrow and perhaps help us from the bench. We have to look from day to day.”

Matthijs de Ligt is suspended in Freiburg so Minjae Kim will come into the side.

“Serge Gnabry is back in training but it’s too early to take him,” added Tuchel.

“Alphonso Davies is also back in training, he’ll be in the squad. Kingsley Coman, Sacha Boey and Noussair Mazraoui aren’t available.”

Daniel Ricciardo was the surprise name at the top of the time sheet in Formula One’s first practice session of the new season in Bahrain.

The Australian – driving for the newly rebranded RB team – saw off Lando Norris by just 0.032 seconds, with Oscar Piastri third in the other McLaren.

Max Verstappen, who complained about the handling of his Red Bull throughout the one-hour practice session, finished sixth, with George Russell seventh and Lewis Hamilton ninth for Mercedes.

Verstappen heads into the curtain raiser here in the Gulf kingdom as the favourite to claim a fourth consecutive world championship.

But the Dutch driver appeared unsettled in the opening running at a gusty Sakhir circuit.

“Everything is s***,” he yelled over the radio. “Like miles off.”

Ricciardo was dropped by McLaren at the end of 2022, but was handed a lifeline by Red Bull’s junior team midway through last season.

And although times in testing have to be treated with caution as the teams trial varying fuel loads – indeed Ricciardo set his speediest lap on the softest tyre compound – RB could prove a surprise package. Ricciardo’s team-mate Yuki Tsunoda finished fourth, three tenths back.

Aston Martin’s Fernando Alonso took fifth spot and was the first of the drivers not to use the soft compound. Verstappen, Russell, Ferrari’s Charles Leclerc – who finished eighth – and Hamilton also did not post a lap on the speediest rubber.

Hamilton finished four tenths off Ricciardo, but the Mercedes camp are quietly optimistic that they could have the speed to perform at the sharp end.

At the other end of the grid, Alpine and Haas propped up the order with Nico Hulkenberg last of the 20 runners, five seconds off the pace.

The second practice session of the day takes place at 6pm local time (3pm GMT) and is more representative of the conditions the drivers will face in Friday’s qualifying and Saturday’s race.

Constitution Hill was reported by Nicky Henderson to be looking “alert and bright” on Thursday morning – but until the champion hurdler is scoped again on Friday his participation at Cheltenham is no clearer.

The racing world was rocked on Tuesday, when the unbeaten seven-year-old went to Kempton for a routine pre-Cheltenham gallop but was effectively pulled up by Nico de Boinville.

It transpired after he was scoped that he had mucus in his lungs, and Henderson faces a race against time to get his stable star back to full health for a week on Tuesday.

“He can’t stay in his box, if we’ve got any pretentions of running in the Champion Hurdle, you can’t just knock it off and tuck him in bed,” Henderson told Sky Sports Racing.

“We’ve got to find the right balance between keeping him moving but not stressing him in any way at all. He is the most relaxed person you’ll ever come across and I actually think he looks quite bright.

“His coat looks bright and he’s the same as he is every day, he’s no different than he is on a normal morning because he’s just very laid back about life. But at least he’s got the brains to tell us when he’s wrong he is wrong and it is the first time he’s had to do that.

“He looks alert and bright, but he obviously wasn’t feeling well as the work was so sub-par it wasn’t true.

“The plan is to scope him again on Friday. His blood was taken this morning and it will be interesting to see what that says.

“It will be very interesting what comes out tomorrow to see what the mucus level is.

“Horses often get these problems, they are like kids in school. He hasn’t coughed at all. It’s exactly like a school, you can’t have 100 per cent of them right all of the time, it’s not possible. Normally we’d have time to get over it, it’s the timing that is wrong.

“If he was a normal horse you’d leave off him for a week and aim at something else but while there is something else to aim at, there’s only one Champion Hurdle.

“You’d have to be 100 per cent for a race like that. I’ve heard people say he’s got so much in hand it won’t matter but he hasn’t got anything in hand, we all know it’s going to be tough, Champion Hurdles are tough naturally.

“They have to put an enormous amount in and I think the thing with horses as good as him is they can put 110 per cent in, maybe a lot of horses can’t. You can’t go in half-cooked.

“Work-wise he’s done all his galloping, we’d do another piece of work next week to see where he is if everything is testing good. That would have to be him at his best.”

Liverpool’s youngsters have had a significant week in the spotlight, helping beat Chelsea in the Carabao Cup final on Sunday before setting up an FA Cup quarter-final trip to Manchester United after victory over Southampton.

Three of them – Bobby Clark, Jayden Danns and Lewis Koumas – are following in their former professional footballer fathers’ footsteps.

Here, the PA news agency looks at the fresh faces who have taken their opportunity to shine at Anfield.

Bobby Clark

Given a handful of opportunities in recent weeks, the 19-year-old is an attacking midfielder. The son of former Newcastle midfielder Lee Clark, he joined the club from the Magpies in 2021 and signed a long-term contract last December.

Jayden Danns

An 18-year-old forward, son of the much-travelled former Colchester, Crystal Palace and Bolton midfielder Neil Danns, only made his first-team debut as an 89th-minute substitute in the 4-1 win over Luton last Wednesday. A week later he came off the bench to score twice against Southampton.

Lewis Koumas

Koumas, the son of former Wales international Jason Koumas, joined the club as a 10-year-old from one of his dad’s former clubs Tranmere and only signed his first professional contract last month. He enjoyed a dream debut as, picked in the starting line-up, he scored the opening goal against Southampton.

Conor Bradley

A relatively familiar name among the group having been given an opportunity in the second half of the campaign in the absence of Trent Alexander-Arnold. The Northern Irish right-back, 20, who spent last season on loan at Bolton, has shown promise for his attacking and defensive qualities.

James McConnell

The 19-year-old midfielder has featured a handful of times off the bench after making his debut against Toulouse in the Europa League in October. Joined Liverpool as an Under-15s player after catching the eye at Sunderland.

Jarell Quansah

Warrington-born defender who has established himself in the first-team squad this season. The 21-year-old, who had a loan spell with Bristol Rovers last term, is a ball-playing centre-half who has come through the ranks at Liverpool after joining them at the age of five.

Trey Nyoni

Nyoni spent 10 years at Leicester’s academy before joining Liverpool in September. The England Under-16 international’s rapid rise saw him come off the bench against Southampton to become the club’s youngest player to feature in the FA Cup at 16 years and 243 days and third-youngest in Liverpool’s history.

Liverpool captain Virgil van Dijk had advised the club’s emerging young stars to keep their feet on the ground – as he will be keeping an eye on them.

Eighteen-year-olds Jayden Danns and Lewis Koumas, sons of former Premier League professionals Neil and Jason, scored the goals which beat Southampton 3-0 to set up an FA Cup quarter-final at Manchester United.

The last week has seen academy players thrust into the spotlight with an injury crisis denying Jurgen Klopp the services of 13 first-team players – with Andy Robertson’s illness briefly adding to the issues – and after impressing in the Carabao Cup final win over Chelsea they were central figures against Saints.

Danns came off the bench to score twice in only his third appearance, all coming in the space of eight days, while Koumas was making his debut when he scored the opener.

Klopp cautioned about putting too much expectation on the teenagers and Van Dijk said the next step in their development was to build on their early breakthroughs.

“It was a big night for all of them and they should really take it in and enjoy it and see it as a start and really use it in every way,” said the 32-year-old defender, who admitted he felt old when “half my age” Trey Nyoni came off the bench.

“They all have quality and all can play good football but it is about showing your quality and it’s a start.

“For example, Trey at 16 years old, it is incredible. There will be so many ups and downs coming for him but he has to take it in as players (are) maybe coming back in the next weeks and months and it could be difficult for him (to get in the squad).

“He has to keep pushing and the same for the rest of the young boys. That should be the mentality and I am sure they will do that.

“In my career I’ve seen players who make their debuts after coming through the ranks and then disappear.

“Even learning from being around the first team is massive and you should soak it all in and don’t get carried away.

“They have to keep improving, keep working; staying humble is a very important thing but we have a great culture and I’m definitely one of the guys to make sure they keep doing that.”

To produce such a result with injuries biting hard, just three days after a gruelling 120 minutes at Wembley, was testament to the determination of the youngsters and the endurance of the senior players still able to turn out.

Van Dijk played only the first half as Klopp agreed a pre-match plan for him to be replaced by Ibrahima Konate after his influential performance against Chelsea.

 

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And the Dutchman revealed one of the perks of being captain was that he got to take the trophy home on their arrival back on Merseyside.

 

“I wanted to show my kids in person, close up,” he said.

“I put it on the kitchen counter when I came home and left it there. I’ve got four kids and they were so happy to see it and then I took it back to training the next day so everyone could take a picture with it at the AXA (training centre) as they have all played their part in the success we have had and they deserve to be holding the trophy.”

Andy Murray revealed on Wednesday that he is unlikely to play beyond this summer as retirement looms ever nearer.

The three-time grand slam champion will be 37 in May and has won only two matches so far this season.

Here, the PA news agency looks at when Murray might call it a day.

Does he have a date in mind?

It appears likely he does, although it would be a surprise if he announced it much in advance. Murray said last year he had an idea of when he would like to stop, and his poor form over the last few months has brought the issue into sharper focus.

What about Wimbledon?

Bowing out at the All England Club would seem the ideal scenario. The venue for his career-defining achievements, and in front of an adoring home crowd, would offer a fitting scene to bring this chapter to a close. But it may be a bit too soon.

What are the other possibilities?

Murray has already indicated he would like to play in another Olympics. His two singles gold medals mark him out from his peers and his run to the title in 2012 is arguably his best ever tournament. But this summer’s event will take place at Roland Garros, and it seems doubtful he would want his last event to be on clay. The US Open, the scene of his first grand slam title in 2012, is another possibility, while the Davis Cup finals group stage on home soil in September could also be an option.

Will he definitely stop this year?

That certainly appears to be the direction of travel but Murray has always found decision-making difficult and there is no bigger decision that this one. Should his form pick up markedly, it could well be that he decides to extend his career.

Arsenal are preparing to open contract negotiations with Jorginho following a string of standout performances, the PA news agency understands.

The 32-year-old Italy midfielder is out of contract at the end of the season.

Jorginho joined Arsenal from London rivals Chelsea last January and has so far made 41 appearances across all competitions, scoring once.

A Euro 2020 winner at Wembley, the former Napoli player has impressed Gunners boss Mikel Arteta with his professional approach and has added much-needed experience to a young squad at the Emirates Stadium.

It is understood that a one-year deal with the option of a further year is planned as an opening point for talks with Jorginho, who won the Champions League and Europa League during his five-year stint at Chelsea.

He put in a man-of-the-match display in Arsenal’s 4-1 win over Newcastle on Saturday and also shone in the recent 3-1 victory over Liverpool.

Jack Butland claims Rangers just keeping look ahead to the next challenge after their 2-1 win against Kilmarnock on Wednesday night kept them two points clear of Celtic at the top of the cinch Premiership.

Killie had beaten Michael Beale’s Rangers 1-0 on the opening league game of the season, but found successor Philippe Clement’s Light Blues more robust – eventually.

Danny Armstrong scored with an 11th-minute penalty after his cross had struck the arm of John Lundstram arm before Butland made a great save from Matty Kennedy’s close-range strike early in the second half, which proved pivotal.

Two goals in four minutes – a trademark free-kick from Rangers captain James Tavernier and a Tom Lawrence strike –  made it 11 wins in a row for Rangers to keep them ahead of the Hoops, who demolished Dundee 7-1 at Parkhead.

Butland told Rangers TV that attention turns to Motherwell at Ibrox on Saturday.

He said: “We just keep going. Three points is all that matters at the minute.

“Yes, we’d love to have a clean sheet – penalties is frustrating – but we’re getting the wins and that’s what we need to do.

“Obviously it’s a lot better feeling than it was the last time we came here.

“So we’ll enjoy it, get back to training, recover and look forward to Motherwell at the weekend.

“There’s never any panic, we just remained calm, kept reiterating at half-time why we’re in the position we are in and how we’ve got there.

“And we just continued to do that in the second half, remained calm and in the end we got two brilliant finishes from Tav and Tom and I guess it’s three points that we were after.”

Butland enjoyed his reflex save from Kennedy, diving low to his right to claw the ball away, saying: “It was a huge moment. I think the lad thought he had scored so it’s nice to be able to have that moment. That can sometimes take the wind out of a team’s sails as well.

“It seemed to give us a lift. It could have gone a little bit sideways at that point if that goes in so it was nice to contribute with that and ultimately then set us up for a really big second half.”

It was another huge contribution from set-piece specialist Tavernier, who scored his 20th goal of the season.

“That’s what Tav does,” said Butland. “It’s not easy for someone to step up and take penalties like he does and score goals like he does and especially the free-kicks as well.

“It is something that he works on religiously every day.

“So when you’re a leader like he is, when you play the way he does and when you practice the way he does, those opportunities go in and he earns them and he’s come up with another vital goal for us.”

Christian Horner said Red Bull has “never been stronger” after he was given the green light to remain as team principal.

Horner was in the Bahrain paddock on Thursday morning after he was cleared of “inappropriate behaviour” towards a female colleague.

Speaking on Sky Sports ahead of the opening round of the Formula One season, Horner, 50, said: “I am pleased that the process is over, and I cannot comment about it.

“I am here to focus on the grand prix and the season ahead and trying to defend both of our titles.”

Horner added: “I can’t give you any further comment, but the process has been conducted and concluded.

“I am pleased to be here in Bahrain, and with the team, focused on the season ahead. Within the team it (the unity) has never been stronger.”

Red Bull Racing’s parent company Red Bull GmbH announced on February 5 that Horner was under investigation following an accusation made against him by a female colleague.

Horner emphatically denied the claim and, on Wednesday, he was cleared of wrongdoing.

Red Bull GmbH said it was confident the investigation had been “fair, rigorous and impartial”, but added that the report – understood to stretch to 150 pages – is “confidential”.

Mercedes boss Toto Wolff had called for the investigation to be conducted with transparency but no details of the allegations against Horner were reported. The complainant also has a right to appeal against the verdict.

Addressing the controversy on Thursday, Williams team principal James Vowles said he has to believe Red Bull’s process has been thorough.

Vowles said: “I have a responsibility for Williams, and if anything like that happens here, I would want to make sure we properly investigate it and do a robust process that is clear to the outside world what has happened and what we can do to rectify that.

“I trust that Red Bull have done a strong process and we have to in that circumstance.

“But what I want is us as a sport to be proud that we are sitting on a set of foundations that is one of inclusivity, one of openness and transparency and all I ask in that matter is that we make sure we have faith and trust that all of the organisations are working for the same standards.”

A statement from Red Bull GmbH on Wednesday read: “The independent investigation into the allegations made against Mr Horner is complete and Red Bull can confirm that the grievance has been dismissed.

“The complainant has a right of appeal. Red Bull is confident that the investigation has been fair, rigorous and impartial.

“The investigation report is confidential and contains the private information of the parties and third parties who assisted in the investigation, and therefore we will not be commenting further out of respect for all concerned. Red Bull will continue striving to meet the highest workplace standards.”

Horner, who has protested his innocence throughout, was questioned by a lawyer for eight hours earlier this month at a secret London location.

Horner has been Red Bull team principal since they entered F1 19 years ago and is the longest-serving boss on the grid.

He has overseen seven drivers’ world championships and six constructors’ titles.

Red Bull have dominated the sport in recent seasons and last year won 21 of the 22 races with Dutch driver Max Verstappen setting a new record for 10 consecutive victories as he wrapped up his third title.

Horner, who is married to former Spice Girls singer Geri Halliwell, was awarded a CBE for his services to motorsport in the New Year Honours.

Paul Gilligan would not swap Buddy One for any other runner in the Paddy Power Stayers’ Hurdle field as his course winner prepares to take his shot at Cheltenham Festival glory.

The Irish raider finished third behind Iroko in the Martin Pipe last year before again hitting the crossbar at Aintree a month later.

The seven-year-old continued to perform well over the subsequent months and returned to the Cotswolds in November where a competitive handicap victory signalled a move into deeper waters in search of bigger honours.

Although faltering in his two starts to date in Grade One company, Gilligan believes Buddy One’s form at Prestbury Park makes him a player in the feature of Thursday’s Festival action and is relishing the chance to lock horns with some of the best in the staying hurdling division.

“It’s coming thick and fast and he’s in great shape. He’s been working really well lately and we’re looking forward to seeing him run,” said Gilligan.

“He did a great piece of work on Tuesday and I couldn’t be happier with him.

“He’s run twice around Cheltenham and won once and finished third in a race he could have won. It’s horses for courses as they say and he seems to like Cheltenham.

“I do think around Cheltenham and the fact that he handles the track will be a big plus. Whether he will beat them or not, I don’t know, but he’s going to be a hell of a lot closer to Gordon’s (Elliott) horses (than previously).

“I wouldn’t swap him for any other horse there. He’s a super horse to deal with and he travels well. When he gets to a new place, he just relaxes and eats. We’re really looking forward to it.”

Buddy One is as big as 66-1 for the Stayers’ Hurdle with some bookmakers but he is much shorter at 25-1 with Paddy Power, who report the gelding to be one of their five most popular picks since going non-runner money back on Festival races.

He was last seen being pulled up at Leopardstown in the Christmas Hurdle, but Gilligan is confident he is over the issues that troubled him that day and is firmly on track for his big-race assignment.

“I think he has the potential to be involved,” continued the trainer.

“I know it’s a big step up from the handicaps, but at the same time, I thought at Leopardstown he was running a really nice race until something went wrong on the home bend before the last.

“Jack (Gilligan, son and jockey) did the right thing and pulled him up and we got him checked out after. The result was he was very sore and there were a lot of excuses and reasons for it (the poor run).

“He seems perfectly fine now, he worked and schooled the other day and he was just electric.”

It was in 2010 when Gilligan registered the biggest success of his training career as Berties Dream caused a 33-1 shock in the Albert Bartlett Novices’ Hurdle.

However, he believes that moment will be eclipsed if either Buddy One or stablemates Kings Hill (Supreme Novices’ Hurdle) and Sequestered (Coral Cup/Martin Pipe) are able to make their mark at the Festival in the hands of his son.

“We’re going out there with three horses and our own lad will be riding them,” continued the Athenry-based handler.

“It’s way different to Berties Dream and when your own lad rides, of course it is a lot more special. We can’t wait for it.”

Liverpool made a pre-tax loss of £9million last season as increased commercial income did not offset a drop in money made from media and matchday revenues.

The previous 12 months had produced a small profit of £7.5m.

Liverpool’s biggest income stream in 2022-23 was the £272million, up £25m, generated from off-field income but a last-16 Champions League exit a year after reaching the final meant television money dropped by £19m to £242m.

Matchday revenue also fell by £7m due to fewer games being played across last season after the previous campaign when the club played in every fixture – a total of 63 – they were eligible for, winning both domestic cups and reaching the Champions League final.

While overall revenue remained the same at £594m, increasing costs are cutting into the balance sheet with staff expenses having increased 79 per cent since 2018, up from £208m six years ago to £373m for the year ending May 2023.

The wage bill in this period alone rose £7m to £373m.

Administrative expenses for that same period have increased by 70 percent from £320m to £562m, while utility costs have doubled from two years ago while rising inflation has driven up other costs.

“Operating this great club in a financially sustainable manner and in accordance with football’s governing principles has been our priority since FSG (Fenway Sports Group) acquired LFC in 2010,” said managing director Andy Hughes.

“Despite the significant growing costs of football, the success of our commercial operations demonstrates the strength of our underlying financial position so we can continue to operate sustainably while competing at the highest levels of football.

“While these financial results are a moment in time on our journey, what remains constant is the growing global appeal of the club and, thanks to our amazing support, LFC continues to be the most globally followed club in the Premier League.”

Matchday revenue will increase after the new Anfield Road stand was fully opened earlier this month, taking Anfield’s attendance to 61,000.

“Matchday revenue is a hugely important part of our overall financial sustainability model,” added Hughes.

During the reporting period Liverpool signed Darwin Nunez, Cody Gakpo, Calvin Ramsay and youth team goalkeeper Kornel Misciur for a combined initial fee of £105m but offloaded Sadio Mane, Divock Origi, Takumi Minamino and Neco Williams.

There were also significant contract renewals for Mohamed Salah – who became the highest earner in the club’s history with a reported £300,000-a-week deal – Joe Gomez, Harvey Elliott, Curtis Jones, Jarell Quansah, Stefan Bajcetic and Ben Doak.

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