Liverpool players are earning “very big” wages after it was revealed that the club’s total payroll grew last season despite the fact that they did not play in the Champions League.
That is the opinion of finance expert Stefan Borson, who exclusively told Football Insider that several of the Merseyside club’s players may be on contracts that increase their compensation each season.
According to Deloitte’s 2025 Money League, Liverpool’s wages increased from £373 million in 2022–23 to £387 million last season.
Jordan Henderson, James Milner, Fabinho, Naby Keita, Alex Oxlade-Chamberlain, and Roberto Firmino all departed the club permanently in the summer of 2023, while numerous other players went out on loan.
In the same transfer window, Liverpool signed four new players for more than £140 million: Dominik Szoboszlai, Ryan Gravenberch, Alexis MacAllister, and Wataru Endo.
Liverpool’s total revenue jumped from £594 million to a club record high of £614 million in 2023-24, after finishing third in the Premier League in Jurgen Klopp’s final season at Anfield.
Liverpool players might receive annual wage increases.
Borson insisted there was no obvious reason for Liverpool’s wage increase last season.
“It’s quite difficult to understand why the wages have gone up,” Borson said.
“It is possible that a number of players’ contracts included automatic wage rises at a certain time or age.
“Year one of the contract may be a specific wage, year two is that plus 10%, and year three is another 10%.
“But there’s no obvious reason for Liverpool.
“There hasn’t been a large contract renegotiation, but it’s clear that they are big payers.
“Any sort of suggestion that Liverpool aren’t paying right at the top of the European game is just not right. “They are very big payers of their players.”
