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Liverpool need to progress in 'money-throwing' Champions League - Klopp

Liverpool need to progress in 'money-throwing' Champions League - Klopp
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The Liverpool manager believes advancing is crucial for the improvement of the club.

Liverpool manager Jurgen Klopp admits the club have to progress in the "money-throwing competition" which is the Champions League if they are to build on their success so far.

The club banked £70million in their run to last year's final, just £6million less than eventual winners and 13-time champions Real Madrid, and contributed to the club becoming the first to post record profits of over £100m in the year to May 2018.

Liverpool earned around £23million from their group stage, excluding additional television revenue, with the 1-0 win over Napoli in their final match securing qualification and with it an extra £8.1m for reaching the knockout phase.

Liverpool are preparing for their crunch clash at the Allianz Arena
Liverpool are preparing for their crunch clash at the Allianz Arena (Martin Rickett/PA)

Victory over Bayern in their last-16, second leg tie would bring in another £9m while progression all the way to the final would be worth another £23.6m, before more TV revenue is factored in.

Klopp is focusing on the football, with the tie finely poised at 0-0, but he is well aware of the financial implications a win brings.

"We all have to qualify constantly for Champions League. That's what gives us the money to improve to do the next step and the next step," he said.

"It is a money... what is it?...it is a money-throwing competition and we have to be in it as long as possible because we have to improve the situation for the club.

"When we qualified (for the knockout phase) by beating Napoli I'm not sure how much but it was (worth), a lot of money in one game.

"I didn't think a second before that game 'Oh my God! We have to earn this money for the club!'

"We only wanted to go through. After we got through it was like 'Wow! That's proper!'

Jurgen Klopp believes his team need to progress to help the club move forward
Jurgen Klopp believes his team need to progress to help the club move forward (Martin Rickett/PA)

"We have to earn most of the money for ourselves with the football that we play. That is exactly what you can do in the Champions League.

"If it happens, it will be a great night. If it doesn't happen, it is not the end of the world.

"But I don't think a second about it that it will not happen."

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Tables
TeamPWDLFAGDPTS
1Liverpool98102171425
2Manchester CityMan City96122992019
3Leicester CityLeicester9522168817
4Chelsea95221914517
5Arsenal94321312115
6Crystal Palace9423810-214
7Tottenham HotspurSpurs93331513212
8Burnley93331211112
9Sheffield UnitedSheff Utd933387112
10Bournemouth93331313012
11West Ham UnitedWest Ham93331113-212
12Aston Villa93241513211
13Wolverhampton WanderersWolves92521212011
14Manchester UnitedMan Utd9243109110
15Everton9315813-510
16Brighton & Hove AlbionBrighton9234912-39
17Southampton9225916-78
18Newcastle UnitedNewcastle9225514-98
19Norwich CityNorwich92161021-117
20Watford9045521-164

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