PRESIDENT TINUBU CONGRATULATES MINISTER OF STATE FOR FOREIGN AFFAIRS AMBASSADOR ENIKANOLAIYE ON HIS BIRTHDAY. (PHOTO).

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 PRESIDENT TINUBU CONGRATULATES MINISTER OF STATE FOR FOREIGN AFFAIRS AMBASSADOR ENIKANOLAIYE ON HIS BIRTHDAY   President Bola Tinubu has congratulated the Minister of State for Foreign Affairs, Ambassador Sola Enikanolaiye, on his birthday.    A statement by Bayo Onanuga, Special Adviser to the President, Information and Strategy, indicates that the President describes Ambassador Enikanolaiye as a distinguished diplomat, accomplished administrator and dedicated public servant whose career reflects professionalism, patriotism and a deep commitment to Nigeria.   Ambassador Enikanolaiye served in the Ministry of Foreign Affairs from August 1982 to August 2017, rising through the ranks to become Permanent Secretary. He later served as Senior Special Assistant to the President on Foreign Affairs and International Relations before he was appointed Minister of State for Foreign Affairs.   President Tinubu commends the celebrant’s significant contributions to Nige...
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LIVERPOOL REPORTS £57M LOSS FOR 2023/24 SEASON. (PHOTO).

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 Liverpool Reports £57m Loss for 2023/24 Season


Liverpool announced a pre-tax loss of £57 million ($72 million) for the 2023/24 season, attributing the setback to their absence from the Champions League and rising operational expenses.


Despite the loss, the club’s overall revenue increased by £20 million to £614 million, with commercial revenue surging by £36 million to £308 million. However, a £38 million drop in media revenue contributed to a second consecutive year in the red.


Liverpool’s failure to qualify for the Champions League for the first time since 2016/17 impacted finances, though matchday income grew by £22 million following the expansion of the Anfield Road stand. Staff costs, including wages and bonuses, rose by £13 million to £386 million, partly due to incentives for Champions League qualification and their League Cup victory in Jürgen Klopp’s final season.


Severance payments for Klopp and his coaching staff totaled £9.6 million, while the departures of high earners like Roberto Firmino, Fabinho, and Jordan Henderson helped ease the wage bill. The club also invested around £150 million in new signings, including Alexis Mac Allister, Dominik Szoboszlai, Wataru Endo, and Ryan Gravenberch.


Finance officer Jenny Beacham emphasized the club’s commitment to financial sustainability, citing the importance of increasing revenue streams to balance rising costs.


Currently, Liverpool is on track for a record-equalling 20th English top-flight title, leading the Premier League by 13 points with 10 games remaining. They are also set to face Newcastle in the League Cup final on March 16 and will play Paris Saint-Germain in the Champions League last 16.

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