MX23RW : Thursday, March 21 01:52:35

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

Liverpool need to progress in 'money-throwing' Champions League - Klopp
© Reuters
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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Robert Lewandowski in action for Bayern Munich on March 2, 2019
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Tables
TeamPWDLFAGDPTS
1Liverpool31237170185276
2Manchester CityMan City30242479215874
3Tottenham HotspurSpurs30201957322561
4Arsenal30186663392460
5Manchester UnitedMan Utd30177658401858
6Chelsea30176750331757
7Wolverhampton WanderersWolves30128103836244
8Watford30127114244-243
9West Ham UnitedWest Ham31126134146-542
10Leicester CityLeicester31125144043-341
11Everton31117134342140
12Bournemouth31115154356-1338
13Newcastle UnitedNewcastle3198143140-935
14Crystal Palace3096153641-533
15Brighton & Hove AlbionBrighton2996143242-1033
16Southampton3079143450-1630
17Burnley3186173559-2430
18Cardiff CityCardiff3084182757-3028
19Fulham3145222970-4117
20Huddersfield TownHuddersfield3135231857-3914

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