The latest KPMG figures show that Liverpool's club value has increased by a huge £365m over the last year, which is more than any other club on the planet.
The latest financial figures were released on Tuesday and the Reds were arguably the biggest winners. Their value increase stands at 19.3% from where they were last year and they are now said to be worth £2.26bn. In the process, they also jumped ahead of both Chelsea and Manchester City and they now sit fifth in the worldwide table. They aren't the number one in England, though, as Manchester United sit in second position. [via KPMG Football Benchmark]
The team's success on the pitch is likely to have had a big impact on their positive market value movement. The Reds are the reigning European champions and have reached the Champions League final in back-to-back seasons, whilst they currently lead the Premier League by a huge 25 points. Undoubtedly, those achievements have had a strong impact on the club's financial position.
The Reds have come a long way in the past 10 years. A decade ago, they were on the edge of administration before FSG took control of the club - they are now the fifth most valuable football club on Earth. The current owners have received their fair share of criticism in the past but perhaps they deserve more credit for the work they have done in making Liverpool a financial as well as footballing powerhouse.
Reds fans, how significant is this news for the club? Let us know what you think by commenting below!